|
|
|
Lump sum into TIAA Traditional?
Franky
08-26-2007, 10:11 AM | Post #205382
|
| 0 |
  |
|
I have decided to allocate a portion of my portfolio to the Traditional annuity (20% of my fixed income portion). Is it a bad idea to simply lump sum into the annuity? I'm not sure I fully understand how vintage rates are computed in returns, but it doesn't seem on the surface that a lump sum would be penalized if interest rates went up. If I understand it correctly, the vintage rate applies only to the guaranteed 3% return (in an RA account) with the balance calculated according to the new rates? Is this at least somewhat accurate? The money would be coming from the Bond Market VA, so this is not a "panic" sell off. I would just like a little more diversity in my fixed income investments.
Thanks in advance for your help
Originally posted in thread: 1642
Topics
annuities
bond market
Interest Rates
Portfolio
RA
View Complete Thread
|
|
|
