Variable annuities, I can hear people cringe at just the name, in IRA accounts, I think I just heard some people pass out! What am I insane to bring up this topic of putting variable annuities in IRA accounts? Maybe, but what is the big deal anyhow? There really is not any.

Think about all the different types of mutual funds that you can invest in. Now, can any of these mutual funds guarantee you: Your money back, either lump sum or through withdrawals? Can they guarantee you a withdrawal amount, without annuitization, for the rest of your life? Can they guarantee you a future income that can compound at anywhere from 5 to 7%? Or how about, can they guarantee your beneficiaries any amount of money? Can they provide your beneficiaries with an extra amount on the earnings in your account? The answer to all of those questions is no.

No other investment available can offer you any of the items listed above, except a variable annuity. People always say a variable annuity offers only tax deferral and high fees, that