Navegó a una página que no está disponible en español en este momento. Seleccione el enlace si desea ver otro contenido en español.
Página principal
Subaccounts
The underlying funds in a variable annuity are invested in subaccounts, which are professionally managed investment options that invest in a variety of markets, such as stock, bonds or money markets.
NOTE: Subaccounts can be invested in more than just stock and/or bond markets, such as money market funds.
The investment options may provide you with potentially more income than immediate fixed annuities, but your income payments will be subject to market fluctuation.
Contingent deferred sales charge (CDSC)
If you withdraw money from an annuity contract or surrender the contract within a certain period of time after investing, the insurance company may assess a contingent deferred sales charge (CDSC). Usually, the CDSC is a percentage of the purchase payment withdrawn, and it declines gradually over the CDSC period.
For example, a seven year CDSC may decline over the first seven years of your contract: 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0%.