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Bucksboy76
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Dominic Preuss
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There are a couple of discussions on this topic:

http://www.filife.com/answers/annuity-transfer/1676

Also, here is the guide that explains all about annuities:

http://www.filife.com/guides/section-i-whats-an-annuity

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MoneyTeacher
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Non-qualified means that the original investment is not tax-deferred. In other words, not an IRA or other vehicle where taxes have not been paid on the initial investment.

Non-qualified also means that the interest will accumulate tax deferred until it is withdrawn, at which time taxes are due. see http://www.moneyteachers.org/taxes.htm for more info.

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