Without fail as Tax Day approaches every year, the mind whirls while you check boxes and fill in numbers about everything you could have, should have, would have done to save more money on taxes. Could you have saved more? Invested better? Been smarter at charitable giving? Probably. It’s too late for some money-saving measures in the last minute lead up to the deadline for filing your taxes, but one you can take on simple measure to maximize your tax advantages (perhaps now, and certainly later)—set up a Roth IRA account.

The annuity industry must have studied the story of Goldilocks and the Three Bears because, after recognizing that investors weren’t very keen on low fixed yields or the vicious volatility of the stock market, they came up with a product, that for most people, would seem to be just right – Indexed Annuities. Often described as a blend of fixed and variable annuity, it really is an asset class unto itself. Essentially, it is a fixed annuity with its yield linked to a stock index, such as the S & P 500.