The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: TSA? Date:  12/17/1999  7:03 PM
Author:  jfschutz Number:  973 of 20632

James wrote:

My wife has a TSA( Is that a timeshare annuity?) which is retirement program for non-profit organizations. Does anyone know if we could roll that over into something different.? Brokerage account or no load fund, without payng taxes.Thanx James

======================== writes:

Another option is to do what is called a 1035 exchange to another annuity. With an Equity Indexed Annuity one can participate in market gains with a guaranteed return of principle plus a guaranteed interest rate even in a market crash.

For senior citizens THAT makes alot of sense since most can't or don't want to go back into the workforce to re-earn their retirement savings!

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us