How Much Are Annuities?

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    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    There are a wide variety of annuities.  Generally, the cost of owning a fixed annuity is the cost of the deposit.  Generally, the cost of owning a variable annuity is the initial deposit and internal fees that are declared when the product is purchased.  Fixed annuities rarely have maintenance fees.  Most annuities have a minimum premium.  
     
    Answered on March 26, 2014
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