Can Annuities Be Transferred?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Non qualified tax deferred annuities can be exchanged to another non qualified tax deferred annuity via section 1035 of the IRA code without a taxable event. Keep in mind that non qualified tax deferred annuities cannot be exchanged to a qualified annuity or vise versa. The 1035 rule exchange is a powerful tax advantage.

   Answered on September 6, 2013

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