Article Discusses the Tax Implications of Purchasing an Immediate Fixed Annuity with an IRA

This article addresses the process of using funds in an individual retirement account (IRA) to fund the purchase of an immediate fixed annuity. 

"Annuity in an IRA" and "trustee-to-trustee" rollovers both enable assets to be transferred directly from an IRA to an annuity.  Tax implications are also addressed.

Source: Wall Street Journal

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