Turning your individual retirement account into a stream of guaranteed retirement income poses challenges under the minimum distribution rules. The Internal Revenue Service is working to minimize those challenges (most recently by blessing longevity annuities) within the confines of Internal Revenue Code Section 401(a)(9). Annuity vs. MRD  Frank, age 70, wants to convert his $1 million IRA1 (currently invested in mutual funds) into a lifelong stream of guaranteed income payments. ...

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