Sentences with phrase «subaccount fees»

The subaccount fee covers the cost of managing your annuity's investment accounts.

There are three elements to a variable annuity fee: the «mortality and expense» (or M&E) fee, the subaccount fee, and the annual contract maintenance charge.

Not exact matches

Traditional VAs offer mutual fund subaccount allocations, living benefits and optional income riders with contract fees typically deducted from the fund performance.

Returns shown for the subaccounts for periods before their inception are derived from the historical performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $ 30 contract maintenance fee.

The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.

If you don't then it's not a fair comparison, because the exact same fees in the VUL subaccount are not deducted (or another way to look at it is that they're double - counted on the IC investment accounts).

During the accumulation phase, 12 free transfers between subaccounts are allowed each year without a fee.

Subaccount Charge When it comes to your investments, those that are funded through subaccounts face a number of different fees to the bank or agency for managing the account.

So owners can get back their premiums, minus fees, without tax consequence — as long as their subaccounts» performance has kept up with the cost of insurance.

Please see the prospectus for more details concerning any applicable fees and each subaccount investment portfolio's expense.

Another VA downside: You may be charged a fee to switch your money among subaccounts.

They come with myriad fees and charges, including mortality and expense fees, mutual fund subaccount management fees, contract maintenance fees and other miscellaneous costs.