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GOBankingRates
GOBankingRates
Laura Bogart

Annuity Fees: What’s Legit and What’s Just Cutting Into Your Investment?

kate_sept2004 / Getty Images

At first glance, annuities may seem like the Swiss Army knife of retirement planning — abounding in helpful features. While they can’t help you open a can in the Alps, they can help provide guaranteed income throughout retirement, offer tax-deferred growth and add protection from market downturns. But like many other useful financial products, these helpful features also come with a variety of fees — some more reasonable than others.

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