A phosphate group is removed from ATP to form ADP. A phosphate group is removed from ATP to form ADP.
If you invest in a retirement annuity that is not part of an employer-sponsored program or a commonly recognized retirement program, you may have Pennsylvania taxable income when you begin receiving annuity payments.
Fixed deferred annuities - interest earned in a fixed annuity is tax-deferred until you take withdrawals. Variable annuities - investment income earned inside of a variable annuity is tax-deferred until you take withdrawals. I Bonds or EE Bonds - interest accrued is tax-deferred until you cash in the bonds.