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medulla medulla
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6 years ago
When an annuitant receives liquidation payments, part of the payment is a return of principal and is thus exempt from Federal Income tax. The tax-exempt portion of the payment is calculated using the:
A) exclusion ratio
B) refund ratio
C) vested ratio
D) combined ratio
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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nationalnational
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6 years ago
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medulla Author
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6 years ago
Good timing, thanks!
Zacellison
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
kiara23247843
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2 hours ago
Thank you, thank you, thank you!
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