Variable Annuities

Variable annuities are used by clients who want tax - deferred market exposure with optional retirement income features, depending on contract design.

Key Features

• Subaccount investments
• Market volatility impacts value
• Optional living benefits (additional cost)
• Tax-deferred accumulation

Important Considerations

• Fees may be higher
• Surrender schedules apply
• Market losses possible
• Withdrawals may be taxable