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Which of the following are correct regarding qualified annuities? a . They can be purchased with funds from life insurance proceeds or IRA assets. b

Which of the following are correct regarding qualified annuities?
a. They can be purchased with funds from life insurance proceeds or IRA assets. b. The payments generally have a 50% exclusion ratio.
c. The payments avoid the 10% early withdrawal penalty, d. They must comply with the minimum distribution rules

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