Following is the latest blog entry in our series of real world scenarios.
How do I evaluate all of the different variable annuities available on the market? Is there a rating system? It’s very confusing and there are so many options to choose from.
To date, there is no official rating system to evaluate the 700+ variable annuities on the market. That said, there are a multitude of criteria to look at when evaluating variable annuity contracts. At Annuity FYI we have narrowed the field to what we believe to be the best 265 companies (this number varies from time to time) that meet the many needs and goals of the investing public. Our goal at Annuity FYI is to assist you in determining which annuity or annuities best fit your specific situation, and then help you to allocate among the different funds and review them with you on a period basis.
For more information on variable annuities, see the Variable Annuities Resource Center.