|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
http://boards.fool.com/greetings-al-and-welcome-you-asked-ltltmy-11848977.aspx
|
||
| Subject: Re: Annuities withdrawls | Date: 1/21/2000 3:54 PM | |
| Author: TMFPixy | Number: 18068 of 72265 | |
|
Greetings, Al, and welcome. You asked: <<My wife and I have three annuities with different firms. Do we have to start taking money from them like IRAs at 70 1/2?>> If this is an ordinary annuity product that you purchased outside of an IRA or outside a qualified retirement plan like a 403b/401k, then there is no required distribution at age 70 1/2. The terms of your contract will dictate when withdrawals in the form of the annuity must begin. Regards..Pixy |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||