There are fees and charges associated with a variable annuity contract, which include, but are not limited to, operations charges, sales and withdrawal charges, administrative fees, and additional charges for optional benefits. (us.axa.com)
To provide the investment and insurance - related benefit, a group variable annuity contains certain fees, including contract fees, a mortality and expense charge, administrative charge, withdrawal charges, investment option fees and charges for any optional benefits elected. (us.axa.com)
There are contract limitations, fees and charges associated with variable annuities which include, but are not limited to mortality and expense risk charges, sales and surrender charges, administrative fees, charges for optional benefits as well as charges for the underlying investment options. (merrilledge.com)