Although it has the same contribution limits as an IRA, an individual retirement annuity tends to have higher fees and a more narrow range of investment options. Article Sources Investopedia ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning ...

James McWhinney is a long-tenured Investopedia contributor and an expert ... account was introduced in 2006. This retirement account was created by a provision of the Economic Growth and Tax ...

Individual retirement accounts (IRAs ... equal or exceed the total contributions made on behalf of both spouses. Investopedia requires writers to use primary sources to support their work.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia ... wedmakawand / Getty Images The Employee Retirement Income Security Act (ERISA ...