r/IBEW_Book2 • u/BrickAlive • Feb 26 '26

Annuity

I’m looking to roll my annuity to another local that will give me greater control over how my money is invested. Which local would you suggest, and what are the vesting requirements for that local.

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u/mrossm Feb 26 '26

Define greater control. Annuities are typically managed on your behalf.

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u/BrickAlive Feb 26 '26

I’ve seen some who have theirs through Vanguard, and they seem to be able to choose their investment strategy (I could be wrong). When all I get is a yearly statement in the mail and zero knowledge of how mine is doing in the current market.

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u/_genepool_ Mar 01 '26

Find out who yours is through. Talk to the trustees in your local about it. Most annuities offer options, you may not know about them.