Consider a Bonus Annuity if your time frame permits. No surrender charge
annuities came about as the industry has been driven to design more and more
competitively priced products. The same competition has created the bonus
annuity.
These are annuity plans that do have penalties for early withdrawal,
but will also give you a signing bonus up front of 3 to 8%. Don't confuse this
with a two-tiered annuity.
There are no loops or hoops to jump through to get
your money out. The broker simply agrees to a reduced commission in return for
you receiving the bonus.
If you know your time frame is seven years or longer
and you have found a good bonus annuity with good funds to choose from, why not
consider a Bonus Annuity?
