Annuities allowed in Retirement Plans
July 01, 2014 by Tim Turner | Leave a Comment
The U.S. Treasury department has issued a rule allowing deferred-income annuities inside retirement plans. One interesting twist is that the rule excludes the annuity’s cash value from the account balance that is used to determine Required Minimum Distributions. So you could put some of your retirement plan into an annuity, but not take the income yet, and avoid the RMDs. Read More >>
Categories: Advanced Retirement Planning, Retirement News
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Annuities allowed in Retirement Plans
July 01, 2014 by Tim Turner | Leave a CommentThe U.S. Treasury department has issued a rule allowing deferred-income annuities inside retirement plans. One interesting twist is that the rule excludes the annuity’s cash value from the account balance that is used to determine Required Minimum Distributions. So you could put some of your retirement plan into an annuity, but not take the income yet, and avoid the RMDs. Read More >>
Categories: Advanced Retirement Planning, Retirement News
Tags:
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