I recieve a monthly disability retirement annuity (taxed) that is reported on a 1099, along with other small investments that also report via Form 1099. I have been told I cannot open an IRA of any kind because I do not receive a W-2 wage earning statement. Is there anything comparable to an IRA that I can do with my money for tax purposes or is it true that since I am receiving a "disability retirement annuity" I cannot invest tax-exempt in retirement?