High expenses or fees are one criticism I have heard regarding annuities. Can you explain the fee structure around annuities?
Annuities are products that combine insurance and, in the case of variable annuities,
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Market Risk
The risk of financial loss due to capital market volatility. An example would be the losses experienced by many owners of mutual funds and other assets during the recent financial crisis and market downturn.
What type of risk is associated with annuities?
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