New Mexico

Annuity Fees Explained 2026Your New Mexico ProZero Obligation

Understand exactly what you're paying -- mortality charges, admin fees, rider costs, and hidden expenses

Fee transparency * Side-by-side comparisons * No-cost review

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3,891 people in New Mexico compared annuity fee structures this year

What You Need to Know About Annuity Fees

Full Fee Transparency

We break down every charge -- mortality & expense, administrative fees, rider costs, and fund management fees so nothing is hidden.

Low-Fee Options Exist

Not all annuities carry high fees. Fixed and MYGA products often have zero explicit fees, with costs built into the rate spread.

Independent Comparison

Our licensed specialists compare fee structures across dozens of carriers to find the most cost-effective solution for your goals.

Understanding the True Cost of Your Annuity

Mortality & Expense (M&E) Charges

Typically 1.0-1.5% annually on variable annuities. Covers insurance guarantees and company profit. Fixed annuities usually have no M&E charge -- costs are built into the rate.

Administrative & Contract Fees

Annual contract charges of $25-$50 plus potential percentage-based admin fees. Some carriers waive these above certain account values. Always ask about fee waivers.

Rider Fees (Optional Benefits)

Income riders typically cost 0.75-1.25% annually. Death benefit riders add 0.15-0.50%. These are optional -- only pay for benefits you actually need and will use.

Total Cost Comparison

Variable annuities may total 2.5-3.5% per year in fees. Fixed indexed annuities: 0-1.5%. MYGAs and fixed annuities: often 0% explicit fees. The right type depends on your goals.

Annuity Fee Questions Answered

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Understand exactly what you're paying and find lower-cost alternatives