Annuities are one way to leverage a sudden influx of cash that may or may not have been expected, such as a bonus, inheritance, or sale of a small asset you had never factored into your financial profile. The reason they can be leveraged is because, unlike traditional tax-advantaged retirement or ‘qualified’ accounts, annuities have no contribution or income limits. However, they still allow your money to potentially grow tax-deferred until you begin receiving distributions. Call us if you’d like to understand how moving these types of funds into an annuity might positively impact your retirement strategy. We’re always here to help.