As the implementation date of the new Labor Department fiduciary rule approaches, several brokerage firms are changing how they handle …
What is a No Load Annuity?
First, let’s talk about no-load investments in general. A no-load investment is one in which the investor is not charged a commission fee — like a no-load mutual fund. Certain insurance companies offer “no-load” variable annuities, which are sold directly to investors and do not require commissioned sales people or brokers (but can often be purchased through brokers).
ANNUITY FYI’S TOP NO LOAD ANNUITIES PICKS
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|Pacific Odyssey Annuity|
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FROM OUR BLOG
A recent study has discovered that retirees who opt to take a lump sum instead of a guaranteed monthly annuity …