The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/dear-2gynkv-ive-been-wondering-myself-about-tax-10374722.aspx

Subject:  Re: Tax-deferred annuity Date:  10/20/1998  6:10 AM
Author:  lorijeff Number:  6109 of 75375

Dear 2gynkv,

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!

Lori


Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us