Series 6: 6.2.10. Additional Fees

Taken from our Series 6 Online Guide

6.2.10. Additional Fees

Insurance companies tack on additional charges related to administration of the account and the risk the insurance company assumes under the annuity contract. The charges reduce the value of the annuity and additional earnings.

Mortality and expense risk charge. This charge usually makes up around 1.25% of the annuitantâ€

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