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dbwindom
New Member

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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1 Reply
JohnB5677
Employee Tax Expert

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

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.
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