Can Annuities Lose Money? 
Annuities vary from the fixed annuities to the variable annuities . Once you move out of the realm of fixed annuities you move into the possibility of losing money . The investment in an annuity is still considered very secure ; however , fees and losses could erode capital over time . When you get to the variable annuities their performance is a direct reflection not only of the stock market but in particular those funds that you select . 