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• A deemed Individual Retirement Account (IRA) under a qualified employer plan (according to Sec. 408 (q) of the IRC), or • The annuity is purchased with proceeds from a traditional IRA (IRC Sec. 408a), or • The annuity is purchased with proceeds from certain accounts or trusts which are treated as traditional IRAs (IRC Sec. 408 §(c)), or • The annuity is purchased with proceeds from a simplified retirement account (IRC Sec. 408 § (p)), • The annuity is purchased with proceeds from simplified employee pension (IRC Sec 408 § (k)) • The annuity is purchased with proceeds from a Roth IRA (IRC Sec. 408A). To determine that an annuity is established under any of the various provisions of the Internal Revenue Code that are referenced above, rely on verification from the financial institution, the employer or the employer association that issued the annuity. The burden of proof is on the applicant or recipient (or his/her authorized representative) to produce this documentation. The life expectancy tables for males and females are listed below and are effective for annuities purchased on or after August 1, 2023. Life expectancy is provided in years. LIFE EXPECTANCY TABLES

TABLE 1 - MALE TABLE 2 - FEMALE Average Number of Years Age of Life Remaining Age of Life Remaining 55 24.27 27.86 56 23.48 27.01 57 22.71 26.16 58 21.95 25.32 59 21.21 24.49 60 20.47 23.67 61 19.74 22.85 62 19.03 22.04