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Subject:  Re: Anunity Date:  1/11/2000  11:03 AM
Author:  TTRoberts Number:  17643 of 88810

eyeball390, you asked:

<< If i withdraw my annunity before 59 1/2 can this be rolled into an Ira without paying the 10% penailty or income tax? >>

No, you can not "withdraw" an annuity and "roll" it over into an IRA without being taxed. . . . . . unless the annuity is already in an IRA.

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