1035 Tax Free Exchanges
Tax Free Exchanges and Qualified Rollovers
annuities provide renewal rates when the initial guarantee period is
finished. Many holders of annuities are currently receiving below
market renewal rates. The tax code allows deferred annuity contract
owners to move to a different annuity without paying tax on the
earlier gains (IRC 1035). Qualified annuities (IRA, SEP etc.) can
also move to a new contract. A call to FSD will quickly determine
if it is advantageous to transfer to a new contract. FSD can handle
all the necessary paperwork.
If you have an
IRA you would like to place into a guaranteed fixed annuity for
accumulation or income we can help. A trustee to trustee transfer,
IRA Rollover can allow you transfer the existing IRA to a fixed
annuity and avoid a taxable distribution.
Have you left your old job. Did you
leave the 401K with the old company?
Did you leave a 401K behind at an old job?
Services) has extensive experience in the 401K rollover market. If
you would like to move your old 401K to an IRA fixed annuity we can
help walk you through the process. Turn your old 401K into
retirement insurance with a fixed annuity and have the comfort of
guaranteed gains or guaranteed income.
Call 800-373-9697 for assistance and
Rolling from an employer-sponsored plan into an
- Consolidation of accounts
- Wider range of investment options
- Less paperwork to review and maintain
- Less overlap and concentrated positions that can increase overall
- Simpler to calculate and administer RMDs
- Potential for multi-generational planning
- Brochure form carrier
Earnings and pre-tax
premium payments are subject to income tax at withdrawal. Withdrawals prior to
age 59½ are generally subject to a 10% IRS penalty tax.
AnnuityExperts.com (FSD Financial
Services) does not offer
tax advice. For specific tax information, consult your attorney or tax advisor.
Product and feature availability, as well as benefit provisions can vary by state.
Contact an annuity expert professional for company specific product details and limitations.