What Feature Is Unique To Annuities? 
The key features unique to Annuities are : # 1 interest earned is not taxed throughout the accumulation period . # 2 . Distributions are fully guaranteed and have multiple options such as period certain , lifetime of the annuitant among others # 3 . Unlike qualified plans such as an IRA , an annuity owner can also chose to not take distributions and let the funds in the annuity pass directly to their beneficiary . Other products have some of the features of annuities however only annuities combine the features outlined here . . 