What you need to know about the cost of fixed annuities

July 7, 2014 by John Olsen, Michael E. Kitces

In this article, we will focus on one of the most controversial — and often misunderstood — aspects of annuities: their costs. The controversy and misunderstanding are chiefly due to two conditions:

1. The cost factors can be very complicated and, sometimes bewilderingly so.
2. The cost factors are often poorly communicated — both from the advisor to the customer, and to that advisor from the insurance company issuing the annuity contract.

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Originally Posted at LifeHealthPro on July 3, 2014 by John Olsen, Michael E. Kitces.