The difference between these 2 types of annuities is in the creation of a separate account for variable annuities and the risk of market losses for these accounts. (insuranceandestates.com)
The huge contribution increases - and those forecast - are primarily a result of stock market losses from the financial crisis of 2007 and 2008. (newsday.com)
However, you are also protected from market loss in a given year. (termlife2go.com)