Both variable and fixed annuities are usually sold as general investment vehicles with tax deferral until the funds are withdrawn.

FORBES: Gotcha! A Hard Look The Annuity Business

These aspects included segregating each individual retirement account, offering the choice to save (defer) or not to save, ranges of deferral amounts, the ability to modify those deferral amounts, investment election choices, portability, loans and much more.

FORBES: Variable Annuity Mini-Boom Coming

We spell out the latest strategies in income deferral ( p. 182) and investment loopholes ( p. 186).

FORBES: Prospering in Tough Times