Guest john cablet Posted February 2, 2000 Posted February 2, 2000 I have recently heard the as yet vague idea that a large IRA account holder could use a variable annuity to get money out of his estate w/o paying a lot in income tax. Apparently the annuity is set up to create a low basis for the purpose of making the IRA withdraw. Anyone have a take or experience with this mechanism?
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