LOL! said:Did you find those no-load annuities with 0.5% expense ratio from Vanguard?
Under present tax laws, one pays zero taxes on unrealized capital gains.
Under present tax laws, one pays zero taxes on unrealized gains in a variable annuity.
So they are virtually the same (note the word "capital" though). When you cash in and sell, there is a difference. You pay higher taxes on the gains from the annuity.