Skip to main content
No. of Recommendations: 0
Greetings, Nancybp, and welcome. You asked:

<<Is it better to leave retirement funds in the insurance company to withdraw as an annuity or to withdraw it, pay the taxes and invest individually. These funds, $200,000, do not qualify for rollover.>>

That all depends on what penalties you may have to pay for surrendering the annuity (your annuity documents will tell you that), what the annuity earns, what you would earn in any alternative under consideration, and your willingness to invest the money yourself. We really can't answer that question for you because only you know your situation. Most Fools believe we can beat the results produced by most annuities; however, that implies a willingness to take risks on our part and a general understanding of investment alternatives. Can you beat your annuity? Possibly. But only you know what you would do with the money available after surrender and how comfortable you are with managing that money.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.