1035 From Life to Annuity Help

Watchman · Oct 20, 2011

Can this be done?

Todd King · Oct 20, 2011

No, only like to like contracts.

VolAgent · Oct 20, 2011

Life to Life
Annuity to Annuity
Life to Annuity

There can be no change in ownership.

Only Annuity to Life is forbidden.

WinoBlues · Oct 20, 2011

VolAgent said:
Life to Life
Annuity to Annuity
Life to Annuity

There can be no change in ownership.

Only Annuity to Life is forbidden.

And that is a shame.

VolAgent · Oct 20, 2011

WinoBlues said:
And that is a shame.

Depends on your perspective. The taxman wants your money. No turning deferred taxes into avoided taxes.

Todd King · Oct 20, 2011

VolAgent said:
Life to Life
Annuity to Annuity
Life to Annuity

There can be no change in ownership.

Only Annuity to Life is forbidden.

Oops! My bad!!

WinoBlues · Oct 20, 2011

VolAgent said:
Depends on your perspective. The taxman wants your money. No turning deferred taxes into avoided taxes.

Yeah, I know. But the insurance man could sure make a case for SPWL.