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Dumping your bonds into the IRA makes sense from a tax efficiency perspective, providing you've already determined that you want to hold bonds, wont need the income, and wont be tapping into the IRA to avoid selling depreciated equities in your taxable account during a downturn, invoking some early withdrawal penalties.
Otherwise, it may make sense to put longer term holdings intended for later withdrawal into the IRA and income producing items of lower volatility into the nearer "bucket" for earlier withdrawal.
So its not quite as simple as picking the most tax efficient strategy that might be more suitable to a 30-40 year old with a 20-25 year horizon to retire.
Variable Annuities suck. Suck, suck, suck. We finally got rid of my wifes VA 403b this year, and I am SO looking forward to not having to read the 500 page revised contract paperwork next year, filled with magical legal mumbo jumbo, just to find out how much and how many different fees and charges they're going to use to suck out most of my investments blood.
Even though they whacked us with a little surrender fee, it'll only take 3 years of reduced fund fees to recollect that investing in better funds with vanguard.
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Many an optimist has become rich by buying out a pessimist
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