I have some money in a variable annuity. It was set up to give me more tax deferred savings, although in retrospect I probably shouldn't have done it.

Anyway, here's the thing. I currently have in Fidelity, which has a very low (.4%) administrative charge, although of course there are charges in the funds as well.

I'm not crazy about Fidelity for two reasons. First of all, it doesn't offer a very large selection of funds for the annuity. Second, the website is very unhelpful in terms of tracking my annuity investments (when I bought, what I paid, performance of the funds, etc.) All I can access is a general page with general information about all the availale funds and their performance over various time periods.

Anybody have any suggestions about other low-cost variable annuities that might be more user-friendly?

Vanguard is another lower cost annuity product provider.

I'm not aware of any others.

TIAA-CREF

lorcha said:Is there some reason you have your heart set on a variable annuity? They definitely have their place in the world, but they are not appropriate for the majority of households.I have one already. I don't know of any way of converting it into something else, although I'd be very happy to!

Queentut, please be certain that there are no "surrender charges" associated with your variable annuity should you choose to pull out of Fidelity. They are generally a percentage of your contract value, being highest in the first year of the annuity, and then reducing slightly over a specific number of years after that. Check your contract, or call Fidelity and they will be able to tell you.