Ed and Freda are husband and wife and live in a common law state. Pursuant to the estate tax rules applicable to annuities $($ ?$$2039),$ ?which of the following is not a correct statement?

If Ed has a straight$-$life unmatured annuity, then when he dies, none of the annuity is included in his gross estate.

If Ed's retirement plan, to which his employer contributed $50\%,$ ?is in the form of an annuity with a survivorship feature covering Freda, then when he dies survived by Freda, $50\%$ ?of the value of the survivorship feature is included in his gross estate.

If Ed has an annuity with a survivorship feature covering Freda and to which she contributed $50\%$ ?of the premiums, then when he dies survived by Freda, only $50\%$ ?of the value of the survivorship feature is included in his gross estate.

If Ed has an annuity with a survivorship feature covering Freda and Freda dies first, nothing regarding the annuity is included in her gross estate.

None of the above statements are incorrect.