Annuities are investment contracts issued by insurance companies that may allow you the right to convert the value of the annuity into payments from the insurance company for a set period of time or the rest of your life.
Edward Jones offers three general types of annuities: variable, fixed and immediate.
Fees and expenses
Insurance companies or the entities that market an annuity contract or their affiliates ("insurance company"), may pay Edward Jones compensation in connection with investments in the annuity by Edward Jones’ clients, including the Plan or Plan participant accounts. The insurance company may pay Edward Jones a commission for the purchase, sale, or subsequent renewal of an annuity by the Plan or Plan participant. The insurance company may pay 12b-1 fees and/or trails for distribution services and continued support of such product. For general details, see Important Information Regarding Your Accounts with Edward Jones.
For an explanation of the various costs associated with annuities transactions, including definitions and examples, please visit the U.S. Securities and Exchange Commission's website at https://www.investor.gov/introduction-investing/investing-basics/glossary/annuities.
Below is a listing of fees and expenses associated with annuities that may be currently available or may have been previously available for purchase in employer retirement accounts held at Edward Jones. If a specific annuity isn’t listed on the chart below, please contact your financial advisor to determine if the annuity is available for purchase through Edward Jones and/or to obtain applicable fee information.
Please note: The information included herein is for illustration and reference purposes only. The information presented does not supersede nor replace the individual annuity and/or insurance company illustrations, contracts, offering documents and/or prospectuses associated with the specific annuity and contract type. The associated prospectus contains more complete information including the fund's investment objectives, risks, charges and expenses as well as other important information that should be read and carefully considered before investing.
For future updates and changes or for a full listing of the fees and payments Edward Jones receives in connection with individual mutual funds, equity transactions, fixed income transaction and insurance and annuities please visit this website at regular intervals. Compensation related information may change from time to time and Edward Jones will update compensation information on this website on a monthly basis. If the specific platform or provider associated with your plan changes, Edward Jones will provide you with an updated disclosure document within 60 days of being notified of the change, if applicable. It is very important that you keep Edward Jones and your financial advisor updated with regard to any changes to the plan including its structure, platform type, investment options or other service providers.