Qualified annuity withdrawal to reinvest in a brokeragen acc
how can a client, both under 59 1/2 and over 59 1/2, take the 10% free withdrawal from an annuity and reinvest in a mutual fund without incurring a tax or under age penalty hit?
As the market turns, this could be a good time to move some funds from the annuity to the mkt.
Will appreciate any thoughts and guidance.
John
Submitted by john hershey on Fri, 2009-06-19 22:07