Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where does a tax-deferred annuity fit into a retirement portfolio?

April 26, 2017Annuity fit portfolio retirement tax-deferred

0

Posted

Where does a tax-deferred annuity fit into a retirement portfolio?

1 Answer

0

Posted

While there is no one-size-fits-all solution, Fidelity believes that when saving for retirement, you should first maximize contributions to employer-sponsored plans and IRAs, and then consider contributing to a low-cost tax-deferred annuity for added tax deferred savings. This allows you to first take advantage of any company-match potential, pre-tax contributions, and tax-deductibility.1 • Get more information on Fidelity Personal Retirement Annuity®, a low cost, tax-deferred variable annuity. • For more information on fixed deferred annuities, explore the range of outside providers who offer competitive rates and guarantee periods. Visit our Retirement Resource Center to learn more about Where You Should Consider Saving.