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New Member
posted Jun 3, 2019 11:29:02 AM

I pulled my annuity out early because I became permanently disabled. What plan do I check that I have? qualified retirement, nonqualified annuity or modified endowment?

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New Member
Jun 3, 2019 11:29:03 AM

Most annuities and retirement plans that are employer sponsored are purchased with pre-tax dollars and are qualified annuities. If you purchased the annuity yourself and paid with after-tax dollars, it is probably a non qualified annuity.

For more information, please see IRS Pub. 575 Pension and Annuity Income.