time, even if it is a limited time. Plus, for annuities outside an IRA, there is no limit to the amount of money that can be sheltered. Annu- ities inside an IRA are subject to the regular contribution limits.
Annuities also provide a level of comfort for people who are con- cerned that they may outlive their money. They also provide a good way to help your money grow tax-deferred. Another advantage to annuities is the guaranteed death benefit. The disadvantages associ- ated with annuities are the internal expense charges, surrender charges, and the possibility of limited subaccount fund availability within variable annuities. While annuities sound like a great invest- ment, they’re not for everyone. Be sure the annuity you decide on is in line with your financial goals and objectives.