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Subject:  converting tsa's to securities? Date:  1/31/2000  11:46 PM
Author:  judicleghorn Number:  18550 of 104786

We are both educators who have for years been socking away funds in tax sheltered annuities. With recent options of subaccounts, we have been able to choose more aggressive mutual funds, so the accounts have grown well. After reading the Fool's detailed description of annuities, however, I realize that it would be a better option to convert that money into securities. Is there a way to roll over even some of the money without taking a full tax hit? We're 53 now, and hoping to retire in two years. (We can't take the tsa's out until 59 1/2.)
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