Base Contract Costs
Some annuity types — particularly many fixed and fixed indexed annuities — do not charge an explicit annual contract fee; the insurer's compensation is instead built into the crediting rate, cap, or spread offered.
Optional Rider Fees
Optional features like a guaranteed lifetime withdrawal benefit (GLWB) rider or an enhanced death benefit rider typically carry an additional annual fee, often expressed as a percentage of the contract's benefit base.
Questions to Ask About Fees
- Is there an annual contract fee, and if so, how much?
- What do any optional riders cost, and are they mandatory or elective?
- How are fees deducted — from contract value, or from a separate benefit base?
Key Takeaways
- Fee structures vary significantly by annuity type and by carrier — never assume one product's fee structure applies to another.
- Optional riders typically carry additional fees beyond the base contract.
- Always request a full, itemized fee disclosure before purchasing.
Fees and expenses vary by carrier, product, and elected riders. This is general education, not a complete fee schedule for any specific annuity. Request the product's full disclosure documents before purchasing.
Free Consultation
Have Questions About Your Situation?
Every situation is different. Our Wyoming and Utah advisors provide free, personalized guidance — no pressure, no obligation.