Course 2-15 Lesson 7 page 6

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página 6/13 7.4.1. Exclusion Ratio The beneficiary will receive payments equal when and if the annualized owner (the value of the annuity is applied to a settlement option). Unlike withdrawals, the contract holder does not pay full taxes on payments. Annuity payments are taxable to the extent representing accrued interest and not the returned capital. […]

Lesson tags: Curso 2-15 Vida y Salud
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