Common use of No Deduction for Contributions Clause in Contracts

No Deduction for Contributions. ▇▇▇▇ ▇▇▇ contributions are not Your spouse beneficiary can take a distribution of part or all of deductible on your federal income tax return at any time. his/her share of your ▇▇▇▇ ▇▇▇ and roll it over to a ▇▇▇▇ ▇▇▇ of 2. Tax-free Earnings. The earnings, including gains and losses, on his/her own, less his/her RMD for that year. your ▇▇▇▇ ▇▇▇ contributions accumulate tax-deferred. At the time of

Appears in 4 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement