How is Monument Advisor different than other Variable Annuities?
Monument Advisor is different in five important ways: • One flat monthly insurance fee of $20.1 The fee is only $20 per month, regardless of how much is invested or how much the annuity account grows vs. an average fee of 1.35% of assets for other variable annuities. • Zero commissions. No sales bias. Jefferson National does not pay a commission to sell Monument Advisor. Commissions paid to sellers of other variable annuities are 4% – 7% of your initial contribution (source: variableannuityfacts.org). • Over 200 options from 20+fund managers. You can direct how assets are invested across all asset classes. According to Morningstar, the average variable annuity offers just 38 investment options.2 • Zero surrender charges. Assets can be withdrawn at any time without having to forfeit a percentage of the annuity’s account value in the form of a surrender fee. Surrender periods for most other variable annuities are generally 5-9 years. However the IRS may charge a 10% tax penalty on any wi
