Should You Use IRA or 401(k) Funds to Buy an Annuity?
Retire For Less With The Annuity Expert by Shawn Plummer
Episode notes
Are you nearing retirement and wondering what to do with your old 401(k) or IRA? Should you leave it with a traditional money manager, or is it smarter to roll it over into an annuity?
In this video, Shawn Plummer from The Annuity Expert answers exactly what you should do with your qualified retirement funds. Shawn explains how executing a direct rollover allows you to transfer your 401(k) or IRA into an annuity with absolutely zero tax consequences!
If you are a "control freak" who wants to day-trade your account, an annuity isn't for you. But if you want to generate the highest possible retirement income, Shawn breaks down the 6 massive reasons why an annuity mathematically beats a money manager in today's high-interest-rate environment. Finally, Shawn issues a massive warning about why it is so easy to be sold a "garbage" annuity bΒ ...Β