What Is The Commission On A Variable Annuity?

Comments

2 responses to “What Is The Commission On A Variable Annuity?”

1. 

   October 19, 2014

   Jim Winkler

   That is a great question! The answer is really dependent though, on the company that issues the annuity’s commission schedule and your percentage rating, the amount the client has invested, and the product itself, among other things. There is a general range that they pay in commission, but yours could fall anywhere within that range. To be completely honest with you, I am not a fan of these annuities, and do not recommend them, or sell them, so I can’t begin to tell you what the current monthly range would even be. These products are generally very risky, and have hefty fees, and I can think of safer ways to invest my clients’ money. I hope that helps at least a little, thanks for asking!
2. 

   October 18, 2014

   Brandi Jo Newman

   It’s usually about 4% to 6%. And it depends on whether the annuity has a fixed account tied to it.

   But the you need to calculate how much bonus commissions are available.

   Someone who is securities licensed sells variable annuities.

   I’m not a fan. Obviously.

   Variable annuities are expensive.