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Non Qualified Annuity and Serial Contract Aggregation Rules

Question

We know that with nonqualified annuities, for serial contracts, aggregation rules apply regarding taxable gain reporting on the 1099R.  The question is, after death do serial contract aggregation reporting rules still apply if 1) both/all contracts are assumed by the spouse? and/or; 2) if contract A had a named beneficiary that was different thant he named beneficiary on contact B?

Answer

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