Can I move money from my retirement accounts to an annuity without getting taxed?

Yes, you can. Movement from a 401k is typically called a rollover. If you transfer funds from 401(k) or IRA into an annuity, no tax consequence as long as the annuity is inside an IRA. Similarly, mutual funds, stocks and bonds can also be inside an IRA. An annuity does not change the IRA classification. When people have separated service from the employer, they often do a 401(k) rollover to an IRA, or Roth 401(k) to a Roth IRA. The IRA can be invested into an annuity. Any IRA, SEP IRA, SIMPLE IRA or Roth IRA can be moved into an annuity at the owner's discretion. Other retirement accounts (457 or 403b) can be rolled over as well. Caution: A 401(k) and a 457 plan have different access rules.","reminder":"\Reminder: Similar to a 401(k), an IRA account also has the 'age 59 1/2 rule' where the IRS requires the owner to wait till age 59 1/2 before taking withdrawals. Exceptions are referred to the 72(t) or 72(q) rules. Please consult with an accountant. The 401(k) rollover or IRA transfer should be completed within the 60-day period.