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A variable annuity can make sense for some people, but they also have significant drawbacks. ... For example, if the annuity you buy is designed to only pay you for 10 years, ...
Variable annuities often come with a death benefit, which pays out a designated amount to your beneficiaries if you pass away ...
Great question. Let’s explore some real-world examples. As a business owner, you probably work long hours and wear many hats. Although retirement might seem far away, it’s crucial to plan ahead. As an ...
Variable annuities, like L share annuities for example, are one of the most expensive financial products in the marketplace. They come with myriad fees and charges, ...
We cover the 6 common Variable Annuity fees that you may be paying, and how to find them. ... For example, the account fee may be waived on annuities with account balances above $50,000.
If you are looking for something you can depend on, you may be interested in this product. “Fixed annuities are the safest type of annuity contract in the market,” says Thomas Brock, a CPA and ...
A variable annuity can offer you tax-deferred growth, ... For example, you may have optional features for death benefits or living benefit riders. But these often come with additional fees.
This example shows the expenses associated with owning this variable annuity: The Jackson National Perspective II Variable Annuity has a 1.30% fee just for owning it.
For the annuity examples, we used a starting portfolio value of $1 million and used various portions of it to purchase immediate annuities with fixed cost-of-living adjustments of 3%.