What's The Difference Between Annuities And Ira? 
Annuities , tax deferred annuities are by design a non-qualified , mortality insurance product . An annuity is one of the product selections you can choose from for an IRA -LRB- individual retirement account -RRB- if youre searching for a deduction . An IRA is a qualified plan . It has no inherent product or is a product . Its simply an ERISA sanctioned plan , that houses a variety of products . 