Life & Health Insurance Agent, The Tooker Agency, Riverhead NY
Your question might more fully be; Are the tax advantages of a non-qualified annuity better than an IRA?
Of course if that is your question, we would then need to determine whether you were asking about a Roth IRA or a Traditional IRA. The financial world is rife with details that carry a lot of significance.
If you are comparing a non-qualified annuity to a Roth IRA to a Traditional IRA, none is categorically better than the others. Each has it's own advantages and disadvantages. The key is determining which best fits your needs and your objectives.
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Of course if that is your question, we would then need to determine whether you were asking about a Roth IRA or a Traditional IRA. The financial world is rife with details that carry a lot of significance.
If you are comparing a non-qualified annuity to a Roth IRA to a Traditional IRA, none is categorically better than the others. Each has it's own advantages and disadvantages. The key is determining which best fits your needs and your objectives.