https://ficoforums.myfico.com/t5/Personal-Finance/tax-free-annuity-early-cash-out-question/m-p/6540138#M248154 <P>Goood morning fellows. I have two separate annuities with Allstate and AGI. They are a conservative investment and both tax-free and maturing at like 8% or higher since pre-911 crisis. If I cash out one of these, the current value is like $140 to 160k, but if I leave them as is they are for '20 years (transferrable to a beni), and life' paying $57,000 annually free and clear of capital gains tax. Each one is valued at around $600,000, and life. What could I invest in today that could beat the rate and tax free incentive. I get offers in the mail and harassing phone calls from companies who want to purchase these from me directly. Any pointers would be very much appreciated.</P><P>Many thanks.</P><P>ILM</P><P>&nbsp;</P> Mon, 23 May 2022 16:19:20 GMT innocent_little_me 2022-05-23T16:19:20Z https://ficoforums.myfico.com/t5/Personal-Finance/tax-free-annuity-early-cash-out-question/m-p/6540138#M248154 <P>Goood morning fellows. I have two separate annuities with Allstate and AGI. They are a conservative investment and both tax-free and maturing at like 8% or higher since pre-911 crisis. If I cash out one of these, the current value is like $140 to 160k, but if I leave them as is they are for '20 years (transferrable to a beni), and life' paying $57,000 annually free and clear of capital gains tax. Each one is valued at around $600,000, and life. What could I invest in today that could beat the rate and tax free incentive. I get offers in the mail and harassing phone calls from companies who want to purchase these from me directly. Any pointers would be very much appreciated.</P><P>Many thanks.</P><P>ILM</P><P>&nbsp;</P> Mon, 23 May 2022 16:19:20 GMT https://ficoforums.myfico.com/t5/Personal-Finance/tax-free-annuity-early-cash-out-question/m-p/6540138#M248154 innocent_little_me 2022-05-23T16:19:20Z https://ficoforums.myfico.com/t5/Personal-Finance/tax-free-annuity-early-cash-out-question/m-p/6540149#M248158 <P>You should be able to get 10-12% on good growth-stock mutual funds.&nbsp; The market is down right now so it's the perfect time to buy, you'll be buying at a discount.&nbsp; That's what I'd do, YMMV</P> Mon, 23 May 2022 16:51:00 GMT https://ficoforums.myfico.com/t5/Personal-Finance/tax-free-annuity-early-cash-out-question/m-p/6540149#M248158 PNWRambler 2022-05-23T16:51:00Z