Whether or not you can roll your annuity into an IRA, also known as an individual retirement arrangement depends on your type of annuity. In most cases, if you have a qualified annuity, an annuity, you make contributions to with pre-tax dollars, then yes, you can roll your annuity into an IRA. It is worth mentioning that your annuity is qualified. If you have a traditional 401k or 403 B plan, if you do decide to roll over your annuity, you can either roll over your funds directly through a transfer or indirectly through a qualifying withdrawal. On the other hand, if your annuity is non-qualified, meaning it was funded with after tax dollars, it cannot be transferred into an IRA. If you have a Roth 401k or Roth 403 B plan, for instance, your annuity is non-qualified and cannot be transferred into a traditional Ira Ira s can get tricky. So be sure to speak to your insurance agent or financial advisor about your options before making any financial decisions regarding your retirement planning.

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