Questions tagged [variable-annuity]

A variable annuity is a tax-deferred retirement vehicle that allows for the accumulation of capital on a tax-deferred basis. It offers investors the ability to invest professionally managed sub accounts consisting of various asset classes (stocks, bonds and money market funds).

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Variable Annuity inside a Roth IRA? What is this and how can I switch it to something else?

Right out of college I started a Roth IRA through a financial advisor that I knew in school. I had it for a few years, then in 2004 he called me up and wanted to switch it to a "Flexible Premium ...