Investopedia: Life Insurance vs. Annuity
An article from Investopedia mentions JeffNat when discussing the “Best Strategy” for using a VA. The article examines the pros and cons of various types of life insurance, such as whole life and variable life, and different types of annuities. He notes that tax-deferred growth is a key selling point. But steep cost, commissions and layers of asset based fees can weigh down returns and counteract the benefits of tax-deferred growth.
In discussing the “Best Strategy” for using a VA, he highlights the benefits of using low-cost VAs, especially after maxing out 401(k) and IRA contributions. And, he concludes, “These days, companies such as Vanguard, Fidelity and Jefferson National offer low-cost annuities whose fees won't take a big bite out of your return on investment.”