1. 63333 POINTS
    Peggy Mace, Certified Senior Advisor (CSA)®PRO
    CEO, Outlook Life, Inc, Most of the U.S.
    Tax sheltered annuities (TSA's) are a type of retirement plan that allows employees of eligible public educational organizations or tax exempt organizations to contribute part of their pre-taxed salary to the plan with tax deferred growth. Employers are also allowed to contribute to a tax sheltered annuity for the employee. Authorized by IRS Section 403(b), TSA's are also called 403(b) plans.
    Answered on May 17, 2013
  2. 61667 POINTS
    Steve SavantPRO
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Qualified annuities generally refer to tax deferred annuities is a qualified plan like ab ERISA (Employee Retirement Income Security Act of 1974( qualified plan such as a 410(k). By inserting tax deferred annuities into a qualified plan contribution re-characterizes the basis as taxable during distributions, i.e. the entire annuity distributions are taxable as ordinary income. 
    Answered on August 8, 2013
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