It’s IRA Season – Ensure Your Assets Are Optimally Invested

When you’re making your final contributions for 2021, think hard about how to invest them. IRA annuities help reduce risk. Different types have distinct pros and cons and can play a valuable role in your asset allocation.

A piggy bank sits on a ladder climbing upward.
(Image credit: Getty Images)

Contributing to a traditional IRA or a Roth IRA by April 18 (or April 19 for Maine and Massachusetts residents) is your opportunity to cut your 2021 income taxes with a traditional IRA or get tax-free growth with a Roth, assuming you’re eligible.

It’s also a great time to review how you are investing your IRA funds to see whether there are better options available. Revisit your asset allocation and consider rebalancing if you’re too concentrated in equities.

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Ken Nuss
CEO / Founder, AnnuityAdvantage

Retirement-income expert Ken Nuss is the founder and CEO of AnnuityAdvantage, a leading online provider of fixed-rate, fixed-indexed and immediate-income annuities. Interest rates from dozens of insurers are constantly updated on its website. He launched the AnnuityAdvantage website in 1999 to help people looking for their best options in principal-protected annuities. More information is available from the Medford, Oregon, based company at or (800) 239-0356.