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Annuity Income |
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Annuity Income The income one derives from an annuity one previously purchased. Many pensions and other retirement plans are annuities. However, one may receive annuity income from other sources, such as a settlement from a lawsuit or from lottery winnings. Annuity income is generally taxed like ordinary income. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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