Roth IRA Vs. Variable Annuity

With memories of the stock market's 2008 tumble still fresh in investors minds, many are scared of stock and are seeking "guarantees" instead of chasing returns. Because of this, for many, annuities have never looked more tempting. But is an annuity a good choice for you?

There is an ongoing argument in the financial world of whether an annuity should be held within an Individual Retirement Account. As with most money issues, the answer isn’t a simple yes or no.

Both IRAs and annuities are helpful retirement savings tools, but there have distinct difference you need to be aware of before investing your money into either one.
Tags: individual retirement accounts,ira,annuity,retirement savings,tax-deferred,stocks,bonds,retirement planning,retirement saving plan

Both the Roth IRA and the variable annuity are widely used retirement account types, each with its own pros and cons. There are some important differences between the two, and understanding these differences can lead to an informed and educated decision about how and where to best invest your hard-earned retirement dollars.