The Motley Fool Discussion Boards

Previous Page

Financial Planning / Estate Planning and the Fool


Subject:  1035 Exchange - Inherited Annuity Date:  10/29/2012  6:30 PM
Author:  BaumgrenzeJohn Number:  4100 of 4627

Can the 1/3 beneficiary of an inherited fixed annuity take a cash payout from the issuing company and make a timely whole or partial tax-free annuity reinvestment of the cash with another issuing company?

If so, am I correct in recalling that 60 days are allowed to complete the transaction?

If so, is the paper trail a difficult one to establish, or should the new issuer be able to help the investor through the proper steps?


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