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For nonqualified annuities purchased today, at what point does the annuitized income stream generated from such contracts become fully taxable? a. when the full amount

For nonqualified annuities purchased today, at what point does the annuitized income stream generated from such contracts become fully taxable?

a. when the full amount of principal has been distributed
b. when the full amount of investment earnings has been distributed
c. when the annuitant reaches age 70
d. never

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