what is the l share annuity class 
the l share annuity class is a version of a variable annuity that has a shorter surrender period duration and will start paying out earlier than other annuity classes l share annuities have relatively high administrative costs it is designed for investors who want to be able to begin withdrawing funds from an account after a comparatively short period of time other share classes offered by variable annuities are a share b share c share o share and x share annuity classes 