The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: TSA?||Date: 12/17/1999 7:03 PM|
|Author: jfschutz||Number: 973 of 19667|
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
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 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|