Direct answer
It depends on your need for tax-deferred growth and guaranteed income riders, as the higher management fees of variable annuities often outweigh their benefits if you are strictly focused on long-term market index returns.
Financial prospectus documents outlining expense ratios and mortality and expense risk charges. For additional information about the costs associated with these products, see the U.S. Securities and Exchange Commission’s guide to variable annuities.
What this means for you
It depends on your need for tax-deferred growth and guaranteed income riders, as the higher management fees of variable annuities often outweigh their benefits if you are strictly focused on long-term market index returns.
ANNUITYFACTCHECK
Protecting Your Future with Confidence
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s protection.
This page is informational and not a coverage guarantee or quote.
