Pars, Caps, Etc.?

[scagnt83]

I don't have direct access to the Annexus products so I had to double check with another wholesaler that does because their literature isn't exactly clear. According him him it is an annual fee. I asked specifically..."So at the end of the 2 yr. reset period the fee is actually 5.9%?" and he said "Yes."

If I am wrong...someone please correct me and I'll re-run the numbers.

The Annexus fees are per crediting period, not annual.

 

[nathan.lee]

The Annexus fees are per crediting period, not annual.

They are deducted on a per period basis but the "fee" is annual.

I contacted 3 separate Annexus wholesalers to confirm because I could not find a clear answer in any of the Annexus literature that I have. But until I can actually speak to Annexus and confirm I freely admit that I am not 100% positive about that.

 

[jmarkk1]

Fees are annual but they are deducted every two years. So, this makes for a potentially high fee if 2 yr. crediting doesn't produce much.

BAA12 option A: 2.95% x 2 (5.9%)
FER : .60% x 2 (1.2%)
BALIR: .95% x 2 (1.9%)

Given these options...looks like every 2 years about 9%

 

[nathan.lee]

Fees are annual but they are deducted every two years. So, this makes for a potentially high fee if 2 yr. crediting doesn't produce much.

BAA12 option A: 2.95% x 2 (5.9%)
FER : .60% x 2 (1.2%)
BALIR: .95% x 2 (1.9%)

Given these options...looks like every 2 years about 9%

Thanks JMarkk,

How's the research going?