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Subject:  Can an annuity be rolled over into an Roth IRA? Date:  5/1/1999  9:41 AM
Author:  fontel Number:  10266 of 88797

Before I became a Fool, 2 years ago, for lack of knowing better I bought a variable annuity that has grown approximately 30%. With the high fees I am paying, I feel bad about that investment decision.

I am trying to get out of it without paying Oncle Sam the extra 10% early withdrawl fee. Does any of the Fools know if I can roll it over into a Roth IRA?

I sincerely appreciate your educated opinion.
Thanks and have a prosperous life.
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