PreTEFRACostBasis

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 These premiums may be withdrawn under the FIFO order of withdrawal.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