Last time we talked about some do’s and don’ts of annuity investment.  Here’s a story about what to do with your annuity investment, if you are looking for some alternative. Let it be clear that if you are looking to rollover your annuity investment in to an IRA, you can only do it if your original annuity was bought under an IRA investment. Else you can’t roll over this in to an IRA account. Here’s an expert advice from CNN Money explaining the process.

I do not have any annuity in my retirement portfolio. I was planning to buy one but figured out that we are better served with employer 401(k) and TD Ameritrade IRA account that we have. We are young couple now and we can risk investing in variable return investment in our retirement account. We do not particularly want assured minimum fixed return that a typical annuity offers. If you have an investment already made in annuity and you want to cash out it, may this article help you.