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 These premiums may be withdrawn under the FIFO order of withdrawal.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