Individual Retirement Annuity

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Dictionary Says

Definition of 'Individual Retirement Annuity'

A retirement investment vehicle that is structured similarly to a individual retirement account (IRA), except that in this instance, an annuity contract must be purchased, subject to a number of conditions which must be met. An individual retirement annuity must be issued in the owner's name, and only the annuity owner or their surviving beneficiaries are eligible to receive benefits from the contract. Annuity payments may be made by persons other than the primary holder.
Investopedia Says

Investopedia explains 'Individual Retirement Annuity'

A number of specific requirements apply to individual retirement annuities. For instance, the owner's entire interest in the annuity must be fully vested, and the owner is not allowed to transfer any of their balance to another person. These types of investment accounts must allow for flexible premiums, and annual contributions are capped at a specified maximum, which was $4,000 for the 2005 to 2007 period and $5,000 in 2008. Distributions from this type of annuity must be made before April 1 of the year in which the owner reaches the age of 70.5. 
Search results for

'Individual Retirement Annuity'

  • Series 26 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/series-26/retirement-college-plans/individual-retirement-accounts-iras.asp
    ... Retirement and College Savings Plans - Individual Retirement Accounts (IRAs).
    In the early 1970s, the US government introduced the ...

  • 5 Ways To Lose Your Retirement Nest Egg

    http://www.investopedia.com/articles/retirement/06/5WaysToLose.asp
    ... security for a loan, the extent of the consequences is determined by whether the
    account is an individual retirement account or an individual retirement annuity ...

  • Weave Your Own Retirement Safety Net

    http://www.investopedia.com/articles/retirement/07/income-generation.asp
    ... Instead, you could invest the money in an immediate annuity, which would ... And Lower
    Taxes.); Take small distributions from your individual retirement account (IRA ...

  • 11 Things You May Not Know About Your IRA

    http://www.investopedia.com/articles/retirement/08/11-things-to-know-iras.asp
    ... annuity. Your annuity can operate under the same rules as an IRA, if the
    funding vehicle is an Individual Retirement Annuity. One ...

  • LTC Annuities: 2 Safety Nets In 1

    http://www.investopedia.com/articles/retirement/07/long_term_care_annuity.asp
    ... you die shortly after purchasing an annuity, the insurance ... All in all, retirement
    annuities are neither good ... They depend completely on your individual situation ...

  • Variable Annuities With Living Benefits: Worth The Fees?

    http://www.investopedia.com/articles/retirement/08/variable-annuity.asp
    ... and/or a short life expectancy, a variable annuity - including one with a living
    benefit - may not be a good addition to the individual's retirement portfolio. ...

  • Series 7 Study Guide - Retirement Accounts - Individual Retirement ...

    http://www.investopedia.com/exam-guide/series-7/retirement/traditional-ira-sep.asp
    ... Valuing a Variable Annuity Contract; 6.14 Real Estate Investment Trusts (REITS).
    7. Retirement Accounts: 7.1 Introduction; 7.2 Individual Retirement Accounts (IRAs ...

  • Series 26 Study Guide - Variable Contracts - Types of Annuity ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-payouts.asp
    ... Variable Contracts - Types of Annuity Payouts. ... There are several annuity payout options
    available, distinguished by how long each one pays out its benefits: ...

  • Series 6 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/finra-series-6/retirement-college-savings-plans/traditional-iras.asp
    ... 12.8 Variable Annuity Charges; 12.9 Variable Life ... Retirement and College Savings
    Plans - Traditional IRAs. Individual Retirement Accounts (IRAs) In the early ...

  • Series 26 Study Guide - Variable Contracts - Annuity Distributions ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-distributions-charges.asp
    ... Variable Contracts - Annuity Distributions and Variable Annuity Charges. Taxation
    Withdrawals from an annuity are subject to ordinary income taxes on earnings. ...

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