Analysis: Inherited annuities can be exchanged tax-free

08/12/2013 | ThinkAdvisor

An Internal Revenue Service ruling gives inherited-annuity owners the right to do a tax-free exchange under Section 1035 of the Internal Revenue Code, write Robert Bloink and William Byrnes. The ruling allows those with inherited annuities to switch to another annuity that better meets their investment needs, although the other rules of inherited annuities still apply, Bloink and Byrnes write.

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