The earnings rate used for the taxable investment assumes no charges and expenses. If you don't need the money in a lump sum, the advantages are even greater because the assets left in a variable annuity continue to accumulate on a tax-deferred basis. This example is for hypothetical purposes and is not intended to represent the performance of any Putnam annuity product. The dollar returns in this example do not reflect the effects of the fees and charges and, if they had, the returns would have been lower. For example, investors must pay a surrender fee if they get out during the first several years.
Annuities do offer a number of attractive features compared to other retirement options.
By comparison, a variable annuity has virtually no upper limit as to how much you can contribute. Please read the prospectus carefully before you invest or send money.