Take a hard look at fees before you buy a variable annuity

08/29/2013 | U.S. News & World Report

For some people, a variable annuity might be a good investment, but if the fees are too high, they can undercut your ability to save money for retirement, writes Roger Wohlner, a fee-only financial adviser at Asset Strategy Consultants. "Shop for a low-cost, no-surrender-charge product with the features and benefits that are best for your situation," he recommends.

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