Hidden Costs of Variable Annuities
June 21, 2010
Dakota Levey
Understanding Variable Annuities
A variable annuity is a financial product that is purchased by an individual from an insurance company. This type of investment allows the insurance company to pay the investor dividends either immediately or at a later date. The amount the investor receives in returns will be determined by various factors, such as how well the different investments that are a part of the annuity have performed. It is best that any person interested in variable annuities speak with a financial adviser in order to obtain more details on this investment option.