Thanks Pixy, PP and ataloss, It is only by getting some variety of advice that one can begin to sort out the options better for oneself ( and as Pixy pointed out in his/her first repsonse that is ultimately my resonsibility. My basic concerns here have been two fold: (1) whether the added costs (in this case 0.8% plus the funds operating costs, which are greater than an ordinary index fund, that is a total of 1.08% vs fund cost of around 0.19% for the standard index fund) would be offset by the deferred tax advantage) and (2)whether to take the current capital gains hit to invest in the annuity vs standing pat with the fund or moving it to some other investments. Asi indicated in my second post, I seem to have started down a "foolish" path and think I will continue to do so. I appreciate ataloss analysis of the capital gains hit, I was about to run a similar thing myself. I also have to determine more accurately whether the fund is currently performing more in line with the S&P, which I thnk it is and monitor it closely, rather than simply liquidate it on the basis of the poorer performance in the previous few years. Finally, if I do determine to liquidate it, I will probably do so over a few years, because I have too much invested over too lont a time to take the hit all in one year.AGain thanks for the input all.magma1
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