marduino_57
Returning Member

Retirement tax questions

her mother past away in November of 2020 and the  variable annuity was inherited by her and her two brothers. so they each got a third so The Insurance company offered three options for distributions. 

 

Our choices One was take the full withdrawal. one was to take within 10 years and one was to take over time (RMDs) but that you could always call and take more if you wanted it would just shorten the the time you would draw based on remaining balance.  I also found what I did wrong and go it entered finally.  Just had to go through the questions to see what they were actually asking.