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Author: HarpoN Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121599  
Subject: Annuity in a 403b Date: 8/8/1998 9:00 AM
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Does anyone know if it is possible to roll a 403b account containing an annuity into an IRA?

I have been unable to locate any information on doing this so I would guess it is not possible. If it isn't possible, is it because it is a 403b or because it is an annuity?

TIA!

Harpo
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Author: DarrellK One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4775 of 121599
Subject: Re: Annuity in a 403b Date: 8/8/1998 12:32 PM
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HarpoN writes:
---
Does anyone know if it is possible to roll a 403b account containing an annuity into an IRA?
---

Yep. If you contact your 403(b) custodian they should be able to tell you how to set up a direct rollover.

For more info, see IRS Publication 571:
http://ftp.fedworld.gov/pub/irs-pdf/p571.pdf

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Author: HarpoN Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4816 of 121599
Subject: Re: Annuity in a 403b Date: 8/11/1998 9:51 PM
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Thanks for the info! I really appreciate it.

Harpo

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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4909 of 121599
Subject: Re: Annuity in a 403b Date: 8/17/1998 12:10 AM
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[[Does anyone know if it is possible to roll a 403b account containing an annuity into an IRA?]]

I'm not an investment guy, but I'm reasonably certain that this can be done. There are such things as IRA annuities, so there should be no problem with such a rollover.

Now, as to the point if you really WANT to do this...that is entirely another issue. Having a tax deferral investment within a tax deferred account doesn't make a bunch of sense for a whole number of people. But it may be different for you.

TMF Taxes
Roy

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