New Member

posted Mar 13, 2025 9:02:51 AM

How do I determine if an annuity from a life insurance company is "qualified" or not?

Box 7 has code 7D, and is a variable annuity.

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Expert Alumni

Mar 13, 2025 9:36:17 AM

An annuity from a life insurance company is probably not a qualified plan.

A qualified plan is an employer-sponsored retirement plan
A 401(k) plan and the 403(b) plan are examples.