Description |
Post TEFRA Cost Basis Amount |
Type : Currency |
Definition |
Premiums paid into the annuity contract on or after August 14, 1982 based on the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) legislation. These premiums must be withdrawn under the LIFO order of withdrawal. This is a U.S. specific property. |
Parents |
AnnuityUSA FinancialActivity |