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Investing/Strategies / Retirement Investing
|Subject: Re: Tax-deferred annuity||Date: 10/20/1998 6:10 AM|
|Author: lorijeff||Number: 6109 of 75830|
I've been wondering myself about tax deferred annuities. I'm self-employed but realized that the money I was putting into my SEP-IRA wasn't going to be enough to retire on--unless I developed the desire to live in a cardboard box.
I took a part-time sales job so that I could have a regular IRA in addition to the sep, and I started a tax-deferred, variable annuity.
Here's my question--at some point down the road, if I wanted to simplify my paperwork by consolodating everything, can the annuity money be transferred into an IRA???
Thanks everyone!! I've learned so much here!
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