No. of Recommendations: 0
Jim asks:

<<So, either way...I'm going to pay something. Is there any benefit to waiting then as the back-load charges decrease each year..from what I understand. Also does that the back-load charge go against the orginal amount only or the entire balance?>>

The backload is applied to the amount withdrawn, so in your case it would be against the market value at the time you close the account. Obviously, the less you pay in that regard, the more funds you will have to invest in something else.

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