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Current Annuity Application Ages 65 the Orchard Foundation Theorchard  Form

Current Annuity Application Ages 65 the Orchard Foundation Theorchard Form

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we see many professionals come in who have a tia account those are usually educators or non-profit workers and they often have an investment in the account called the tiaa traditional annuity but what is the tiaa traditional annuity and what fit does it have in your retirement plan the tia traditional annuity is in fact a pretty decent annuity as far as these go it pays out a fixed amount of interest and it's generally fairly generous however a lot of people don't necessarily need this investment and they wonder what can they do with it as part of their long-term retirement plan you have two options you can annuitize it that means that you turn it into monthly income throughout retirement and that can be a good fit for some people or you can take the money out of the account but the important thing to know with that is that it takes 10 years to do that that's the restriction on this particular annuity once you take that money out of the account over 10 years you

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