Advisors, however, should evaluate the benefits that each annuity offers when selecting products.
Estimated reading time: 0 minutes, 23 seconds
Commission-Based Annuities Cheaper in the Long Run
For clients that work with an advisor for six years or longer, commission-based annuities are likely to be cheaper than some of the newer fee-based products that are being launched in response to the Labor Department’s fiduciary rule, says John Olsen, author of “John Olsen’s Guide to Annuities for the Consumer.” So reports MarketWatch.
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