 Qualified Plans
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Qualified Plans
IRS approved retirement plans such as an IRA, HR-10 or Keogh, pension or profit sharing plans, and salary reduction plans, such as 401(k). Qualified means that the product has been qualified by the IRS to have special tax privileges. A tax-deferred annuity may be used to fund qualified plans such as the above; however, there is no additional tax advantage by placing a tax-deferred investment vehicle in a qualified plan.
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