Variable Annuities Ripoff

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Testimony Of Mercer E. Bullard
3 See, e.g., Austan Goolsbee, The —529“ Ripoff, Slate.com (Aug. 23, 2002) (—The long-run potential of than low-cost variable annuities, however. For example, a Vanguard variable annuity can cost about 0.60% annually. 4. ... View This Document

Wharton Financial Institutions Center - The MasterSuite ...
Variable annuities. Consider that variable annuities with mortality and administration expenses (M&E), sub-account management fees and other various charges can account for up to 4.00% of annual expenses that erode market returns on variable annuities” (VanderPal, 2008). ... Fetch This Document

The Great annuity Rip -off - Index Funds - DFA Advisors - DFA ...
The great annuity rip -off DO YOU WANT PROOF POSITIVE that investors are irrational? Here it is: Sales of variable annuities went up 16% last year, to $85 billion. ... Access Full Source

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