1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    A good time to consider tax deferred annuities is when your tax bracket is high and you have long term financial goals. It's also a good time to consider annuities when you'e a CD purchaser. Tax deferred fixed interest rate annuities general pay more than bank CDs and the earnings are deferred until you use the money, unlike CDs.
    Answered on August 20, 2013
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