Guest gregoryp Posted February 7, 2002 Posted February 7, 2002 In order to use the disability exception to the 10% penalty for an early withdrawal from an annuity, must the individual "become" disabled after entering into the annuity contract? Restated, may an individual who has already been deemed disabled by the SSA enter into an annuity contract then take withdrawals and not be required to pay a 10% penalty?
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