Which Annuity Type Has the Highest Fees

Are you wondering which type of annuity has the highest fees? Before you sign a contract that could drain tens of thousands of dollars from your retirement accounts, you need to understand exactly how different annuities charge for their services and guarantees. In this completely unfiltered video, Shawn from The Annuity Expert exposes the truth about annuity fees. He reveals that Variable Annuities are by far the most expensive option on the market, often charging a staggering 3% to 4% in annual fees. If you have a $1 million portfolio, that means you are paying up to $40,000 every single year—regardless of whether your investments make or lose money. Shawn also explains why paying a financial advisor an ongoing 1% to 2% management fee to watch over a "fee-based" annuity (like a RILA or Variable Annuity) is a massive mistake, because annuity contracts are inherently self-managed. Instead, he outlines his "Separation of Church and State" strategy. By keeping your market growth investments with a wealth manager (paying ~1%) and purchasing a Fixed Index Annuity (FIA) strictly for lifetime income through an independent broker, you can secure contractually guaranteed paychecks and effectively cut your total fees in half. 👉 Read our full guide on annuity costs and how to avoid hidden fees here: https://www.annuityexpertadvice.com/types-of-annuities/annuity-fees/ 📞 Call our team for free, no-obligation advice to safely evaluate your annuity options at: 770-755-1565 ⏱️ Video Chapters: 0:00 - Intro: What type of annuity has the highest fees? 0:18 - Fee breakdowns: Immediate (SPIA), Fixed (MYGA), and Fixed Index Annuities 0:44 - RILA Annuities (Paying unnecessary 1% to 2% management fees) 1:04 - Variable Annuities: The 3% to 4% annual fee trap 1:35 - The "Separation of Church and State" Strategy (Cutting fees in half) 2:40 - Why independent brokers offer better annuities than wealth managers 3:13 - Why paying an ongoing management fee on an annuity is a mistake 4:08 - Ranking the most expensive annuities (Variable, LTC, and RILA) 5:16 - Final Verdict: How to protect your money and avoid hidden fees