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Chuck is 65-years old and started receiving his pension in May 2018. Chuck contributed to his pension plan (after-tax dollars) over the years of his
Chuck is 65-years old and started receiving his pension in May 2018. Chuck contributed to his pension plan (after-tax dollars) over the years of his employment. Chuck wants to use the Simplified Method to determine his tax-free portion of the pension. Which of the following pension or annuity plans would not allow him to use the Simplified Method?
a) 403(b)
b) Private annuity
c) Qualified employee plan
d) Qualified employee annuity
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