Maturing Annuities
My wife and I are 70 and 72. Where should we put our funds now , that are coming available to Us ? Annuities total $250 M …
Terry Says
Well, a lot depends on the kind of annuity, and whether you purchased it inside an IRA or similar retirement account, or whether you own it on an after-tax basis and thus would be subject to taxes.
I really can’t opine blindly without knowing more about what you own, how it is titled, and what your need for the money will be in the future.
I would suggest making an appointment with Stan Haithcock, of https://www.stantheannuityman.com/.
He will ask the right questions and will be able to advise you. You can trust him. And feel free to use my name, or not. I get nothing out of this recommendation.
