The Jordan Insurance Agency
The Jordan Insurance Agency is an Independent insurance agency in Charlotte, North Carolina.
At what age do I have to start taking RMDs from an Annuity?
“If your Annuity is held inside a traditional IRA or a pre-tax retirement plan, RMDs begin at the applicable age under current federal law. That age is 73 for people born from 1951 through 1959, and it rises to 75 for anyone born on or after January 1, 1960.”
在公司資料中查看Can I roll a required minimum distribution into an Annuity?
“No. A required minimum distribution is not an eligible rollover distribution, so it cannot be rolled into an Annuity or any other retirement account.”
在公司資料中查看Do non-qualified Annuities have RMDs?
“A non-qualified Annuity is bought with after-tax dollars outside a retirement plan, so the IRA and 401(k) RMD rules do not apply to it in the same way.”
在公司資料中查看Will taking my RMD from an Annuity cause a surrender charge?
“Usually not. Many Fixed and Fixed Indexed Annuities allow a penalty-free withdrawal each year, commonly up to about 10% of the account value, and most RMDs fall within that allowance.”
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