Federal Taxes – Life Take this Course Course Content Expand All | Collapse All Lessons Status 1 Life Insurance Taxation Premiums Cash Value Increases Dividends Policy Loans Surrenders Death Benefits Life Settlements 2 MEC Taxation MECs MEC Tax Consequences 3 Non-Qualified Annuity Taxation Qualified vs. Non-Qualified Accumulation Phase Withdrawals Annuity Phase Income Distributions at Death Corporate-Owned Section 1035 Exchanges 4 IRA Taxation What is an IRA? Traditional IRA Roth IRA Traditional IRA vs. Roth IRA Rollovers and Transfers