Fees lower than others in series

Rating: 
5
Average: 5 (1 vote)

The B series has a fee structure that is lower than the other variable annuities in the same Prudential series.

The L, X and C products from Pru seem to have insurance charges that start at a higher level and then decrease after some period of time.

The insurance charges for the B series stay the same throughout the life of the contract.

M&E fees are 1.15 percent and contract fees are another 15 basis points for a total insurance charge of 1.3 percent.

Contingent deferred sales charges are also a bit lower than the other annuities in this series.