NYS Reg 60
If performing a R/O from TIAA-CREF TDA (an employer sponsored plan) to an IRA using an indexed annuity in NYS is this transaction subject to Regulation 60 reporting?
If performing a R/O from TIAA-CREF TDA (an employer sponsored plan) to an IRA using an indexed annuity in NYS is this transaction subject to Regulation 60 reporting?
Permalink Submitted by Alan - IRA critic on Fri, 2017-03-31 18:44
From what I can tell Reg 60 applies when life insurance is replacing an annuity. LIfe insurance is not allowed as an IRA investment so Reg 60 would not apply.