Are my investments in a variable annuity guaranteed to earn a return?

No, investments in a variable annuity are not guaranteed to earn a return. Unlike traditional fixed annuities, where the returns are fixed and guaranteed by the insurance company, variable annuities allow policyholders to invest in various mutual funds with fluctuating market values. The investment performance is subject to market risk, and the returns can go up or down based on the performance of the chosen funds. The value of the investments will vary depending on market conditions and the success of the underlying assets. It is essential for potential investors to carefully consider their risk tolerance and investment goals before purchasing a variable annuity, as they can experience both gains and losses.