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  • Answer Upon - Tips To Fully Understanding Variable Annuities - What You Should Know

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    ble to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtract

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    If you are considering the purchase or if you already own a variable annuity make certain you fully understand how they work. Annuities can be a good decision and they can also be your worst nightmare. The difference depends on how the benefits of a variable annuity can benefit you. Listed below are 10 things to fully understand before buying a variable annuity.

    1. No Guarantee of Principal: Variable annuities have no guarantee of principal and this means in the event of a need for money you may not have your original deposit. Your original deposit is only available to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtracte

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    a good decision and they can also be your worst nightmare. The difference depends on how the benefits of a variable annuity can benefit you. Listed below are 10 things to fully understand before buying a variable annuity.

    1. No Guarantee of Principal: Variable annuities have no guarantee of principal and this means in the event of a need for money you may not have your original deposit. Your original deposit is only available to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtract

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    ted below are 10 things to fully understand before buying a variable annuity.

    1. No Guarantee of Principal: Variable annuities have no guarantee of principal and this means in the event of a need for money you may not have your original deposit. Your original deposit is only available to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtract

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    rantee of principal and this means in the event of a need for money you may not have your original deposit. Your original deposit is only available to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtract

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    ble to your beneficiaries if paid as a death benefit..

    2. Death Benefit Expenses: The mortality cost is in your contract and is subtracted from your account. Depending on the variable annuity you own or are considering these fees could be as high as 1.25% of your total account value.

    3. Other Fees and Expenses: Variable annuities can charge fees for added riders and benefits. Each benefit can have a cost associated with it that is subtracted from your total account value. It could be possible that these fees and expenses could be as high as 1% to 2% and these fees are on top of the death benefit fees discussed in number 2 above. (Please read the prospectus, which by law must reveal fees and expe

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