Series 6: 6.2.5. Bonus Annuities

Taken from our Series 6 Online Guide

6.2.5. Bonus Annuities

Some insurers offer bonus annuities, which give annuity holders bonus credits for switching to them. Bonus annuities pay out an extra 1% to 5% of what the investor contributes and can be either fixed or variable annuities. Setting up a bonus annuity requires paying a fee.

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