Investors who own an under-performing annuity, or an annuity that is nearing mandatory payout need not let their money stop growing. A 1035 Tax-free Exchange allows investors to safely move their money from one annuity to another. What is a “1035 Exchange”? 1035 is the Internal Revenue Code allowing the tax-free exchange of one annuity to another. To learn more about how to 1035 Exchange your existing annuity call 1-800-655-1035 (Ext. 801).