Developing a Financial Plan

Maintenance Fees Mortality Fees Investment Advisory Fees These fees should be stated plainly in the prospectus.

Commissions. If the commission is paid in a front-end load, this can reduce the amount of your initial investment. A no or low-load annuity contract is preferable. […]

Commissions. Check the broker commissions – even though the insurer is the one who gives you the annuity, the broker may make anywhere from 3 to 8% […]

Annuity payments to beneficiaries are subject to the same taxes that would have been collected from you.