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qwalet
New Member

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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MichaelMc
New Member

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?

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.

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