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sciens asset management airplane fundpennsylvania state pension fund teachers,sciens asset management airplane fundAdditionally, any withdrawals made from a qualified annuity before retirement are subject to income tax and may be subject to a 10% early withdrawal penalty. . For example, if the annuity is used to fund a qualified retirement plan, such as a 401(k) or IRA, it is likely a qualified annuity. On the other hand, if the annuity is being used for .sciens asset management airplane fundsusa fund management llp phone number,Yes, you can lower your taxable income and your tax bill by opening and contributing to an individual retirement account (IRA). But it depends, first and foremost, on the type of IRA.