Converting A GLWB Annuity To A Roth: What Value Is Taxed?

June 6, 2023 by Charlie Gipple

With the hundreds of billions of dollars that are currently sitting in annuities that have guaranteed lifetime withdrawal benefits that are also IRA money, I think it’s important that I point something out that many financial professionals are unaware of. It has to do with Roth IRA conversions. It also has to do with required minimum distributions.

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Originally Posted at Broker World Mag on June 2023 by Charlie Gipple.