Is An Annuity Better Than An IRA? 
Is an Annuity `` Better '' than an IRA ? First let 's establish what an IRA is ? An IRA is NOT an investment , it is a tax favored shoe box , that investments , including an annuity , can be placed in for tax favored status . An annuity already has tax favored status and is not subject to IRS contribution limits as to what ever you put in an IRA would be . So as to `` better '' as usual better becomes the function of what an individual needs . There is no straight forward `` better . '' 