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29 July, 20:52

When a qualified plan starts making payments to its recipient, which portion of the distributions is taxable?

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  1. 30 July, 00:33
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    When a qualified plan starts making payments to its recipient the gains are taxable. Gains are the profit/return that are made from an investment. A gain can be something you make from a sale or or inheritance. Gains are typically taxed in a higher tax bracket as well.
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