When it comes time to start withdrawing from your regular IRA it is my understanding that one could purchase an annuity inside the IRA and get an incone for life and that this would also satisfy requirements for required systematic withdrawals. These payments would of course be taxable.I know that you are never required to make withdrawals from a Roth IRA but if you desired to get systematic payments from a Roth IRA could you do this via an annuity within the Roth IRA and get those payments for life and have those payments be tax free?
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