“multi-generation IRA” sounds like a marketing term used by a company to try to sell you something that is no different from every other IRA.  I’m assuming that you are referring to what others also try to market as a “stretch IRA.”  For any IRA, you can name a beneficiary or multiple beneficiaries and the options available to them are the same regardless of the investment vehicle, barring any unusual language in the account agreement that limits those options (which very well may be the case with an annuity).The SEC has a page that provides general information regarding variable annuities here:  http://www.sec.gov/investor/pubs/varannty.htm

• Flag as spam
• Log in to Reply