https://ttlc.intuit.com/community/investing/discussion/re-annuity/01/3158688#M1903 <P>Thank you. That was the way I understood the rules but never hurts to check.</P> Thu, 01 Feb 2024 15:44:22 GMT 1clh 2024-02-01T15:44:22Z https://ttlc.intuit.com/community/investing/discussion/annuity/01/3156313#M1901 <P>In 2015 We rolled a rather small Roth into an annuity that we were told is a Roth. Due to under performing I want to cash out and reinvest in CD's or something similar for better interest. We are in our 70's and retired. What would the tax implications be?</P> Tue, 10 Feb 2026 08:56:51 GMT https://ttlc.intuit.com/community/investing/discussion/annuity/01/3156313#M1901 1clh 2026-02-10T08:56:51Z https://ttlc.intuit.com/community/investing/discussion/re-annuity/01/3158032#M1902 <P>A Roth IRA annuity is a type of annuity that is funded with Roth IRA contributions. The money in the account has already been taxed, so there are no taxes owed on withdrawals made.</P> Thu, 01 Feb 2024 04:17:05 GMT https://ttlc.intuit.com/community/investing/discussion/re-annuity/01/3158032#M1902 Mike9241 2024-02-01T04:17:05Z https://ttlc.intuit.com/community/investing/discussion/re-annuity/01/3158688#M1903 <P>Thank you. That was the way I understood the rules but never hurts to check.</P> Thu, 01 Feb 2024 15:44:22 GMT https://ttlc.intuit.com/community/investing/discussion/re-annuity/01/3158688#M1903 1clh 2024-02-01T15:44:22Z