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It qualifies for special tax benefits, such as tax deferral for employer contributions and capital gain treatment or the 10-year tax option for lump-sum distributions (if participants qualify).

To determine whether your plan is a qualified plan, check with your employer or the plan administrator.

However, qualified distributions (explained later) are not included in your income.

You should check with your plan administrator to determine if your plan will accept designated Roth contributions.

You can buy the contract alone or with the help of your employer.


Generally, a tax-sheltered annuity plan provides retirement benefits by purchasing annuity contracts for its participants.

A designated Roth account is a separate account created under a qualified Roth contribution program to which participants may elect to have part or all of their elective deferrals to a 401(k), 403(b), or 457(b) plan designated as Roth contributions.

Elective deferrals that are designated as Roth contributions are included in your income.

The first annuitant receives a definite amount at regular intervals for life.


An annuity is a series of payments under a contract made at regular intervals over a period of more than one full year.They can be either fixed (under which you receive a definite amount) or variable (not fixed).



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