The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Tax-deferred annuity||Date: 10/20/1998 2:00 AM|
|Author: 2gynkv||Number: 6107 of 83050|
I have a tax-deferred annuity account worth about 2K. I never claimed the principal off my income back in 95 when I opened it.
Can I, and if so, How do I roll-over this account into my Roth IRA? Do I first have to roll it over into a traditional IRA?
Since I never took a deduction for the principal will I still owe tax on the transfer?
Thank you, 2gynkv
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|