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.
