Investing 401k Funds Into An Annuity

Investing your 401k into an annuity is actually pretty simple. To download the free 401(k) Rollover 10-Point Checklist go to http://retirementplanningmadeeasy.com/401krollover Step 1. Choose an annuity. You do this by determining what the purpose of the annuity is. What goal is it going to solve for you in your overall financial plan? You'll probably do this while talking to a financial advisor or an insurance agent. Just make sure the annuity fits in to your overall financial plan and goals. Step 2. Open up the annuity account. This means send in your application. The actual funds from your 401(k) will follow AFTER the account has been set up. With an annuity your account number is typically going to be call a policy number. Step 3. Transfer the funds into the annuity. Call up your 401(k) plan and tell them to make a check out to the insurance company where your annuity is held. The check your 401(k) plan makes out will include your policy number, and it will be for your benefit. Be sure you don't do the indirect transfer on Step 3. Just do the DIRECT transfer. Step 4. You're done! To download the free 401(k) Rollover 10-Point Checklist go to http://retirementplanningmadeeasy.com/401krollover And be sure to check out more videos / articles and retirement information at http://retirementplanningmadeeasy.com/

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