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Performance Choice Fixed Index Annuity Consumer Brochures brochure is not complete and must be presented with the Product Details sheet that describes issue ages, premium bonus, surrender charges,
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Performance choice is a tax election that allows taxpayers to choose between different calculation methods for performance-based compensation.
Taxpayers who receive performance-based compensation and want to choose a specific calculation method for tax purposes are required to file performance choice.
Performance choice can be filled out by following the instructions provided by the tax authorities and submitting the necessary information, such as the chosen calculation method and supporting documentation.
The purpose of performance choice is to give taxpayers flexibility in determining how performance-based compensation is calculated for tax purposes.
Information such as the chosen calculation method for performance-based compensation, supporting documentation, and any other required details must be reported on performance choice.
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