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Crowinghen, in a follow-up posts, wrote:

<<So, am I right in hearing you that it would be better to NOT invest into the TS Annuity. Oh, but it looks like ours is a variable interest, interest rates appear to be around 5-6%. We are in the 28% tax bracket.
My husband does not want me to do anything with this account( I don't think I could move it if I wanted to) - he is so worried about risk that he just wants to leave this money alone, only about 12,000 right now so that's ok... but soon we are going to be able to start monthly contributions, either to his 403, or in DRP's. It looks to me that DRP's will be a better way to go.>>

Perpermintpatty gave you some good reasons as to why keeping the annuity may be a good idea in your case. Given your husband seems to be risk averse, forcing him into something "more risky" doesn't seem prudent in this case. And you're right -- You can't move the money, only he can. After all, it is his plan. :-)

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