Are distributions from a Roth IRA variable annuity tax free?

Answer There are conditions under which distributions from a Roth IRA are tax free. These include distributions that are taken at least five years after establishment of the IRA, for first home purchases,... Read More »

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Are roth distributions taxable?

As long as distributions from a Roth IRA meet the distribution regulations, those monies are not taxable. The two most basic requirements are that you must be older than 59 1/2 and have held the ac... Read More »

Can taxable Roth IRA distributions be rolled over in 60 days?

Taxable Roth IRA distributions can be rolled over in 60 days, and must be rolled over within 69 days if they are considered early distributions in order to avoid penalties and taxes.References:IRS:... Read More »

What is a variable annuity?

Variable annuities offer investors an investment account, typically designed to provide income after retirement. Similar to a a 401k account, a variable annuity offers the investor the opportunity ... Read More »

How to Transfer a Variable Annuity to an IRA?

There are several reasons why the owner of a variable annuity might want to shield the annuity contract inside a traditional or Roth IRA. Annuity contracts that are housed inside Roth IRAs can be w... Read More »