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
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra