4.3.1 Variable Annuities

In this section

• Variable Annuities Structure and Features
  Explore the comprehensive structure and features of variable annuities, including investment options, tax-deferred growth, and income payments, to master the Series 6 Exam.
• Accumulation and Annuity Phases in Variable Annuities
  Explore the intricacies of the accumulation and annuity phases in variable annuities, key components of the Series 6 Exam. Understand how contributions purchase accumulation units, the transition to annuity units, and the impact of market performance on income payments.
• Variable Annuities Payout Options: Maximizing Retirement Income
  Explore the different payout options available for variable annuities, including life annuity, life annuity with period certain, joint and survivor annuity, and lump-sum withdrawal. Understand factors affecting payment amounts and the irrevocable nature of annuitization choices.
• Variable Annuities: Expenses and Fees
  Explore the comprehensive breakdown of expenses and fees associated with variable annuities, including mortality and expense risk charges, investment management fees, and more. Understand their impact on investment returns and learn how to compare annuity contracts effectively.