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Posted by Nancy D 4 years ago In:

Nancy D
Nancy D Asked About 'Money on AOL Coaches'

I purchased atax deferred annunity several years ...

I purchased atax deferred annunity several years ago. It matures at the end of this month. I need to take some money to do some repairs to my house. I was told that I would get a 1099 for the interest at the end of the year. Can you make any suggestion on what options I could have?

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Answers

JtotheA
JtotheA Answered:

You are able to get a loan or line of credit based on this.  Why not follow that up first.

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