Q: What is a Variable Annuity?
A: Investing in a Variable Deferred Annuity is a lot like owning a group of mutual funds. These mutual funds are called sub-accounts when they are in an annuity. You have control over the amount of investment risk you have by choosing from a pre-selected list of sub-accounts including both bond and equity investments. Your investment returns will vary depending on the performance of those underlying sub-accounts.
A: Investing in a Variable Deferred Annuity is a lot like owning a group of mutual funds. These mutual funds are called sub-accounts when they are in an annuity. You have control over the amount of investment risk you have by choosing from a pre-selected list of sub-accounts including both bond and equity investments. Your investment returns will vary depending on the performance of those underlying sub-accounts.
