Qualified Annuity

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Dictionary Says

Definition of 'Qualified Annuity'

An financial product that accepts and grows funds, and is funded with pre-tax dollars. "Qualified" is a descriptor given by the Internal Revenue Service (IRS) to indicate that the qualified annuity may be eligible for tax deduction. When a distribution is made, it is subject to income tax.
Investopedia Says

Investopedia explains 'Qualified Annuity'

A qualified annuity differs from a non-qualified annuity, which is an annuity funded with after-tax dollars. While distributions from a qualified annuity are taxed as income, distributions from a non-qualified annuity are not subject to income tax in their entirety. Qualified annuities are often set up by employers on behalf of their employees as part of a retirement plan.

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'Qualified Annuity'

  • Taking The Bite Out Of Annuity Losses

    http://www.investopedia.com/articles/pf/05/AnnuityLosses.asp
    ... Rollover to Another Investment Account: If a non-qualified annuity is underwater
    (current value is lower than your original cost basis), you can roll over the ...

  • Explaining Types Of Fixed Annuities

    http://www.investopedia.com/articles/retirement/05/071205.asp
    ... The advantage of a qualified annuity is tax-free growth on invested money,
    and tax is deferred until the money is paid out. The ...

  • Series 6 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/finra-series-6/retirement-college-savings-plans/employer-sponsored-retirement-plans.asp
    ... 403(b) plans are synonymous with tax-sheltered annuity plans (TSAs). ... Read more about
    qualified plans such as defined benefit, defined contribution, and profit ...

  • Series 26 Study Guide - Retirement and College Savings Plans - Non ...

    http://www.investopedia.com/exam-guide/series-26/retirement-college-plans/non-qualified-employer-sponsored.asp
    ... Types of Annuity Payouts; 3.7 Annuity Distributions and Variable Annuity Charges; ...
    Goals; 4.3 Employer-Sponsored Retirement Plans; 4.4 Qualified Employer-Sponsored ...

  • Series 26 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/series-26/retirement-college-plans/qualified-employer-sponsored.asp
    ... Qualified employer-sponsored retirement plans can be established as either
    defined-benefit ... 403(b) plans are synonymous with tax-sheltered annuity plans (TSAs). ...

  • Series 6 Question of the Week 01/20/2006 | Investopedia

    http://www.investopedia.com/professionals/questionoftheweek/series6/012006.asp
    ... is c). Early withdrawal from a non-qualified annuity--prior to age 59½, except for
    death or disability, is penalized at 10% plus ordinary taxes on the growth. ...

  • Series 26 Study Guide - Variable Contracts - Types of Annuity ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-payouts.asp
    ... Variable Contracts - Types of Annuity Payouts. ... There are several annuity payout options
    available, distinguished by how long each one pays out its benefits: ...

  • 401(k) And Qualified Plans: Distributions | Investopedia

    http://www.investopedia.com/university/retirementplans/qualifiedplan/qualifiedplan4.asp
    ... Qualified Joint and Survivor Annuity (QJSA) In a money-purchase pension plan, the
    retirement benefit payment generally must occur in a series of equal ...

  • Asset Distributions A Key Consideration For Retirees

    http://www.investopedia.com/articles/retirement/08/qualified-plan-distributions.asp
    ... in The Tax Benefits Of Having A Spouse.). The second option is the qualified optional
    survivor annuity (QOSA), which is a requirement of the Pension Protection ...

  • Series 26 Study Guide - Variable Contracts - Annuity Distributions ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-distributions-charges.asp
    ... Variable Contracts - Annuity Distributions and Variable Annuity Charges. Taxation
    Withdrawals from an annuity are subject to ordinary income taxes on earnings. ...

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