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-BARSIC- [3]
3 years ago
13

When a qualified plan starts making payments to its recipient, which portion of the distributions is taxable?

Business
1 answer:
Alex17521 [72]3 years ago
4 0
When a qualified plan starts making payments to its recipient the gains are taxable. Gains are the profit/return that are made from an investment. A gain can be something you make from a sale or or inheritance. Gains are typically taxed in a higher tax bracket as well. 
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