Do I need to find a new advisor?

Hypothetical:

I have two qualified non-roth annuities and am in my RMD years.

1. Fixed annuity that I bought in 2010 from my former advisor
2. Variable annuity that my current advisor sold to me

My RMD is x.

My advisor recommends I take y from annuity 1 and the net proceeds go into my checking account.

My advisor then recommends I write a check for y - x to do a 60-day rollover into annuity 2.

Is this churning?

Submitted July 09, 2021 at 10:01AM by buyfreemoneynow https://ift.tt/3xyJ3l0