Advanced Series XTra Credit SIX [withdrawing from annuity questions]

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kls5330
Posts: 2
Joined: Wed Feb 12, 2020 1:49 pm

Advanced Series XTra Credit SIX [withdrawing from annuity questions]

Post by kls5330 » Wed Feb 12, 2020 2:00 pm

I have Advanced Series XTra Credit SIX annuity with Prudential. I am now 71 yrs old and they never sent me information regarding annual withdrawals. I now have to take two April deferral RMD checks. What are the implications if I decide to withdraw the entire $28,609.50? I am not familiar with any of this and would appreciate any help in understanding the process. Should I just sign up for the 2 RMD checks or take the withdrawal of all of it?
:confused

Topic Author
kls5330
Posts: 2
Joined: Wed Feb 12, 2020 1:49 pm

Advice on Advanced Series XTra Credit SIX

Post by kls5330 » Thu Feb 13, 2020 11:34 am

[Posts merged -- mod oldcomputerguy]

What are the tax implications on withdrawing all of my account? $28,000

retired@50
Posts: 1364
Joined: Tue Oct 01, 2019 2:36 pm

Re: Advice on Advanced Series XTra Credit SIX

Post by retired@50 » Thu Feb 13, 2020 11:43 am

More details needed.
Boggle - a game from Parker Brothers. Bogle - investor, founder of Vanguard.

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