Announcement

Collapse
No announcement yet.

Nonqualified annuity rollover

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Nonqualified annuity rollover

    Is there a tax event if a nonqualified annuity is rolled over directly to a new nonqualified annuity?. Assume that the original annuity includes generated income. No cash is paid to the annuitant.
    Tags: None
    #2
    If a 1035 exchange occurred

    than there is no taxable event. Just a question, was the account value on the date the exchange more or less than the original contribution(s)?

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X