Tuesday, January 26, 2010

Non Qualified Annuity Rollover I Already Transferred A Non Qualified Annuity Into A New IRA Rollover Account. What Happens Now?

I already transferred a non qualified annuity into a new IRA rollover account. What happens now? - non qualified annuity rollover

I pay taxes, penalties?

2 comments:

Anonymous said...

No, you are not taxed or penalized for resources that will be rolled into an IRA. Is there more to this question? Can you specify what funds they had where they came from and why he thought it might be a consequence of the taxes?

Anonymous said...

No, you are not taxed or penalized for resources that will be rolled into an IRA. Is there more to this question? Can you specify what funds they had where they came from and why he thought it might be a consequence of the taxes?

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