Hard to find a less expensive variable annuity

Rating: 
5
Average: 5 (1 vote)

As you would expect from Vanguard, this variable annuity is incredibly inexpensive compared to the broader market.

I would venture to guess that it is one of the least expensive VAs in the marketplace.

TIAA-CREF has a nicely priced VA, but not sure how widely available it is.

Jefferson also has a very inexpensive variable annuity, but I think it is restricted to the fee-based registered investment advisor channel.

It is not just the investment management fees that are cheap as a result of inexpensive Vanguard funds.

Mortality and expense charges and living benefit fees are also super low.

I think total max fees for this product are less than 1 percent.

Compare this to certain well known variable annuity products in the market that have total fees in excess of 3.5 percent.

Another winner from Vanguard. 

Product Reviewed: