What are some of the disadvantages of annuities?

 

A: 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.

Make sure that you fully understand the advantages and risks of annuities, before investing your money. You can learn more by reading our article, Understand the Type of Annuity You Are Purchasing.

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, free of charge.

For more information, call us toll-free at 1.866.827.6537 or fill out our online form.

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