text: can a taxsheltered annuity be rolled over to an ira cd account at a bank without paying income tax ?   it depends on the status of the tax sheltered annuity(tsa).  if the tsa is an ira, 403(b), 401(k) or some sort of account that you took a tax deduction on your tax return the year(s) you made contributions, then you can roll it to an ira cd at the bank. look carefully at your statement from the tsa and see if it says ira or 401(k) or 403(b) or "qualified account" close to where your name or account number is located.  if you added money to this account thru a payroll deduction plan, it probably is an account that can be rolled to the ira cd. a tsa can also be what is called a non-qualified account, meaning that you put after-tax dollars into the account. these tsa accounts cannot be rolled over to a cd. it is often times hard to get the tsa company or their representative to help you with you questions about moving money out of their company. however, the bank where you want to move the money to should have a representative that is more than willing to help you figure out how to move money to their bank.  take your tsa statement to the bank and ask for their help.  i disagree with the previous answer about getting help from the tsa company.