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QUALIFIED ANNUITY
A form of annuity purchased with pretax dollars as part of a retirement plan that benefits from special tax treatment, such as a 401(k) plan.
NOTE: Insurance glossary content has been provided by Insurance Information Institute. These definitions are simply a description of industry terms and are not applicable in all locations or instances. For full details concerning your actual policy, please refer to your official policy for full coverage details or call your agent. Terms, conditions and exclusions may apply. Again, these glossary terms and definitions are only a general information guide and may not alter or change your own contract. As always, if you have any questions, call us at (877) 341-5728.