247wallst.com
Negative247wallst.com ·
i have a 100k variable annuity in my ira should i withdraw from it first in retirement
ECON_WORLDCURRENCIES_DOLLARSGENERAL_HEALTHECON_WORLDCURRENCIES_DOLLARRETIREMENT
Topic context
This topic has been covered 302355 times in the last 30 days across our monitored publishers.
The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedThis is a personal retirement withdrawal strategy question with no commercial mechanism. No product/commodity price, supply chain, or company margin impact. The advice is specific to an individual's IRA and annuity, not a market-wide event.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- David from Marana, AZ has a $100k variable annuity in a traditional IRA at Edward Jones.
- Variable annuity fees can reach up to 3% annually.
- Host Don McDonald recommends withdrawing from the annuity first due to high fees and redundant tax deferral.
- If the annuity has a guaranteed income rider with a higher benefit base, strategy may differ.
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