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What has been the impact of TEFRA?

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Anonymous

13y ago
Updated: 3/12/2020

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13y ago

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Related Questions

What is tephra in afrikaans?

Tefra


What does post tefra in an annuity mean?

Post-TEFRA in an annuity refers to the regulatory framework established by the Tax Equity and Fiscal Responsibility Act (TEFRA) of 1982, which affects the tax treatment of annuities. Specifically, it delineates how certain tax rules apply to variable annuities and how they may impact taxation of investment gains, distributions, and the treatment of policy loans. Post-TEFRA regulations ensure that certain tax advantages of annuities are maintained while also imposing restrictions to prevent abuse of tax deferral benefits.


What does TEFRA stand for?

TEFRA stands for Tax Equity and Fiscal Responsibility Act of 1982. It was United States federal law that rescinded some of the effects of the Kemp-Roth Act passed the year before.


What is tefra?

TEFRA, or the Tax Equity and Fiscal Responsibility Act of 1982, is a U.S. federal law aimed at reducing the federal budget deficit by curbing Medicaid costs and implementing tax reforms. It introduced measures to limit federal funding for certain Medicaid services and established new rules for the treatment of tax-exempt bonds. TEFRA also included provisions related to health care financing, affecting both public and private payers. Overall, it marked a significant shift in the approach to health care funding and fiscal responsibility.


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This is a type of insurance that you can pick from. You should talk to your insurance agent to determine the best options for you.


What are the advantages of the tefra?

Tefra, or tephra, refers to volcanic ash and fragments ejected during eruptions. Its advantages include enriching soil fertility, as the minerals in tephra can enhance agricultural productivity. Additionally, tephra can help in understanding past volcanic activity and climate changes, serving as a valuable tool for geological research. Furthermore, it can also aid in water retention in certain soils, contributing to improved crop growth in volcanic regions.


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