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	<title>New answer on: What The Difference Between Annuities And IRA?</title>

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		<title>By: Karl Renwanz</title>

		<link>http://insurancelibrary.com/annuities/what-the-difference-between-annuities-and-ira</link>

		<dc:creator>Karl Renwanz</dc:creator>

		<pubDate>Fri, 10 Oct 2014 15:34:55 +0000</pubDate>

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		<description><![CDATA[An IRA is an &quot;Individual Retirement Arrangement&quot; which falls under IRS Publication 590.  There are many types of IRA accounts such as Traditional IRA, Roth IRA, SEP IRA and Simple IRA.  IRA&#039;s came about in 1974 through the Employee Retirement Income Security Act (ERISA).  There are limits as to how much you can contribute each year and when you can pull your money out without penalty.

An annuity is a product sold by a financial institution that can grow and when annuitized, can produce an income stream.  Annuities can be structured to pay out for a fixed period of time or for your entire lifetime. An annuity can be part of your IRA.]]></description>

		

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		<title>By: Matt Benore</title>

		<link>http://insurancelibrary.com/annuities/what-the-difference-between-annuities-and-ira</link>

		<dc:creator>Matt Benore</dc:creator>

		<pubDate>Fri, 10 Oct 2014 15:10:15 +0000</pubDate>

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		<description><![CDATA[The differences between Annuities and IRA&#039;s is pretty simple.  IRA&#039;s are considered qualified meaning you have to follow the limitations to how much you can contribute.  Annuities by themselves do not have any limitations other than any limitations insurance companies put on them which are always higher.  IRA&#039;s are subject to RMD&#039;s or required minimum distributions meaning at at 70 1/2, you will be required to start taking distributions from your IRA as outlined in IRS rules.]]></description>

		

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