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Subject:  1035 Exchange - Inherited Annuity Date:  10/31/2012  1:49 AM
Author:  BaumgrenzeJohn Number:  116877 of 123001

I'm bringing this to Tax Strategies at the suggestion of ;pauleckler.'

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