What’s The Difference Between Annuities And Ira?

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   David RacichPRO

   Fountain Hills, Arizona

   Annuities, tax deferred annuities are by design a non-qualified, mortality insurance product. An annuity is one of the product selections you can choose from for an IRA (individual retirement account) if you’re searching for a deduction. An IRA is a qualified plan. It has no inherent product or is a product. It’s simply an ERISA sanctioned plan, that houses a variety of products.
    
   
    

   Answered on June 10, 2013

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