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At what point are a nonqualified annuity's earnings subject to inco?Explain. Ten years ago, John purchased a deferred annuity and named his da invested $50,000

At what point are a nonqualified annuity's earnings subject to inco?Explain.  Ten years ago, John purchased a deferred annuity and named his da invested $50,000 in the contract; upon his death, the contract was value annuitizing and the contract contained the standard death benefit provis ?

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