Is it possible to transfer IRA funds into a Swiss annuity?
Yes, under certain conditions, a Swiss annuity can be held within an IRA. Also, it may be possible that funds may be transferred from a qualified corporate plan, a Keogh plan, a 401(k), a 403(b) tax deferred retirement plan, a deceased spouse’s IRA, or another IRA maintained by you. If you wish to put a Swiss annuity in a U.S. pension plan, the only thing required is a U.S. trustee – a bank or similar institution – and that the annuity contract be held in the U.S. by that trustee. For a minimal administration fee many banks offer “self-directed” pension plans, which can easily be used for this purpose.
