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Transferring an annuity into my Solo 401k

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Can I transfer an annuity into my Solo 401k? If so, how?

An annuity is a tax-deferred vehicle. By itself, an annuity is not a qualified retirement account. However, if the annuity is held within a retirement account (e.g. by an IRA), it can be rolled over into a Solo 401k.

If your IRA holds an annuity: 

  • You will need to contact the company holding your annuity  to sell or liquidate it
  • You will then request a direct rollover of your IRA into your Solo 401k

Rollover

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