Sunday, December 27, 2009

Annuity Withdrawal Tax Is There Any Way To Avoid Paying Taxes On An Early Withdrawal From A Variable Annuity?

Is there any way to avoid paying taxes on an early withdrawal from a variable annuity? - annuity withdrawal tax

I panicked and pulled my trading of shares in September 2008 by a company apparently went bankrupt. I drew the crowd before age 59 1 / 2, now I realize that I am a huge tax penalty. Is it possible to put in the pension without penalty?

1 comments:

Robert M said...

yes, put the money into an account or other deferred tax. I think you have to avoid 90 days in which to tax.

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