A Variable Annuity is a investment vehicle different than a Fixed or Indexed Annuity.
It will follow the market or index it is attached to. Very different than the Indexed Annuity, the Variable Annuity may lose its principal. Many people will purchase a Variable Annuity thinking that it will perform like other Annuities. While all of these investment vehicles sound the same being similarly named as an annuity they differ greatly.
It is very important to call a financial professional when considering Annuities or any investment vehicle. The 401Kman is available toll free and offers initial consultations for free.
We have a variety of investment and retirement program offerings available. Contact us toll free at 877-775-0812 for more information.