An annuity is a financial vehicle, that will provide “tax deferred” growth – with complete safety of principle and interest.  It can also provide a stream of income, you can never out live.  An annuity can be used for an IRA, a ROTH IRA, or for any other investment. If designed properly, an annuity can provide a very safe alternative to the ebs & flows of the stock market, and is designed for the conservative investor.