M&E Charge
The Mortality and Expense charge on a variable annuity. Funds the death benefit guarantee and a portion of carrier administrative costs. Typical range: 0.85% to 1.40% of contract value annually.
The Mortality and Expense charge on a variable annuity. Funds the death benefit guarantee and a portion of carrier administrative costs. Typical range: 0.85% to 1.40% of contract value annually.