No. of Recommendations: 1
Just analyzing the TIRAs for RMDs is going to kill us if we don't convert or draw down a significant portion before then. I would think adding in the pension would just make it worse, and in no way better. We need to be very proactive in dealing with this from year one, or the problem will just compound.

Then I think you answered your own question. :) Seek the advice of a tax professional and get those conversions started.

The best thing about them is that you can undo them if you find out you did too much.

Is this with all types of annuities, or just variable? Are annuities subject to RMDs at all?

For annuities with surrender charges (many/most), you can simply cash them in at the end of the surrender charge period - often 5-7 years. IRA or non-IRA is not relevant. This also applies to both fixed and variable. Annuities are subject to RMDs for IRA dollars, not non-qualified dollars. Taxation on non-qal is "last-in, first-out" so the first dollars you take out of them will be any gains; to be taxed as income.

Looking also to diversify risk of payout from market turmoil.

A variable annuity will not necessarily protect against such though it can, for an additional fee. Fixed annuities would basically be treated like a zero coupon treasury held to maturity so it can but your yield will also reflect such limited risk.

Unfortunately, they want me to call to discuss it,

Ya, this side of the industry is not big on putting their information out there for everyone (including the competition) to see.
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