VARIABLE ANNUITIES MAY BE BAD BREAKS

The Record (Bergen County, NJ) | June 6, 2000| | Copyright

KATHLEEN LYNN, Staff Writer
The Record (Bergen County, NJ)
06-06-2000
VARIABLE ANNUITIES MAY BE BAD BREAKS
By KATHLEEN LYNN, Staff Writer
Date: 06-06-2000, Tuesday
Section: BUSINESS
Edition: All Editions -- Two Star P, Two Star B, One Star B

Before investors buy variable annuities in search of a tax break,
they should look closely at the annuities' fees, the Securities and
Exchange Commission has warned.

"You will pay for each benefit provided by your variable annuity.
Carefully consider whether you need the benefit," said a brochure
published on the SEC's Web site, www.sec.gov.

"It's about ...

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