Meyer Wilson

Recovering Losses Caused By Investment Misconduct

What are some of the disadvantages of annuities?

While annuities have many benefits that attract investors, they also have several drawbacks. For example, deferred variable annuities tend to have high yearly expenses that impact returns. Also, annuities typically have significant surrender charges if you take out a certain amount of money within a given time period.

Overall, four major issues have arisen with the growing popularity of annuities:

  1. High fees that reduce the overall value of your return
  2. While annuities are suitable for some investors, they are not appropriate for all
  3. No additional tax benefits if the annuity is through a tax-advantaged retirement plan
  4. They are risky because the principal is unprotected

Make sure that you fully understand the advantages and risks of annuities, before investing your money. If you have lost money and believe your broker could have been responsible, contact an experienced securities arbitration attorney from our office. We will evaluate your claim for free.

For more information, call us toll-free at (888) 390-6491 or fill out our online form.

You can also learn more about annuities by watching Attorney Dave Meyer's video below.

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  • $30M
    $30,000,000 Recovered in Confidential Settlement for 100-Year-Old-Widow
  • $10M
    Retirees Recover in Excess of $10,000,000 of Retirement Losses
  • $6.5M
    $6,500,000 Recovered for a Large Group of Individual Investors
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    $5,000,000 Recovered for Group of Midwest Clients
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    Meyer Wilson Recovers More than $3,800,000 for Elderly Victim in Ponzi Scheme Case
  • $3.2M
    $3,200,000 of Losses Recovered by Meyer Wilson for More Than 50 Families of Ponzi Scheme in California

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