I rolled over a federal 401K to an annuity with METLIFE. I contributed 2/3 of the funds for the 401K. Any tax breaks for Federal or State of Hawaii taxes?
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1 Best answer
DDollar
Expert Alumni
Jun 6, 2019 12:18:32 AM
No, there are no tax deductions or credits for rolling over a 401(k) to an annuity.
1 Replies
DDollar
Expert Alumni
Jun 6, 2019 12:18:32 AM
No, there are no tax deductions or credits for rolling over a 401(k) to an annuity.