Instructions

1

Meet with an annuity representative to review all annuity options. There are fixed income annuities, variable annuities that invest in mutual funds and fixed-index annuities hybrids combining both fixed and variable features. Annuity representatives are found at insurance companies, banks and brokerage firms.
2

Pick an annuity that meets your needs. Fixed annuities are conservative investments. Variable annuities offer a range of conservative to aggressive mutual fund options.
3

Fill out a "new annuity application" with the representative. Make sure your name, address and all identifying information match the information on your qualified tax-deferred account statement. Check the box stating this is a transfer and is for "qualified assets."
4

Complete an "IRA transfer" form. Fill out the requested contact information and account information.
5

Call the customer service number provided on your existing qualified account and request a rollover form if the account is from an employer plan. Rollovers must initiate from the employer's plan, whereas the transfer form is sufficient for an IRA account.
6

Call your annuity representative three to six weeks after all paperwork is completed to confirm that the money has transferred.