[Choose Ye This Day]

You roll it over to an IRA and the annuity is inside the IRA. Then you withdraw as you need to from the annuity, and pay taxes each year on your withdrawal.

If anyone is suggesting you can avoid taxes altogether, they are lying or stoned.

[doosee]

Let’s see, Geithner, Rangel, Daschle, et. al. have the working strategy. Avoid the taxes and when you get your hearing you forgot you had that money invested.

[nascarnation]

If anyone is suggesting you can avoid taxes altogether, they are lying or stoned.

or Charlie Rangel...........