What is a TFRA?

TFRA stands for Tax-Free Retirement Account. It is a descriptive term used for strategies designed to accumulate value and potentially provide tax-advantaged retirement income when properly structured.\n\nA TFRA is not a single government-sponsored account type. The design, tax treatment, costs, eligibility and guarantees depend on the underlying financial product and individual circumstances.\n\nThe right question is not simply whether a strategy is tax-free, but how it fits your income goals, liquidity needs, risk tolerance and broader retirement plan.