Our Mission

Annuities can be useful products - for protecting against market losses, tax deferral and ensuring you don't outlive your savings. However, the multi-trillion dollar annuity market (variable annuities, fixed indexed annuities, etc) is broken:

  1. Fees are too high (usually 2-4%) and are often hidden
  2. Commissions are too high (can be over 10% of your money)
  3. The products are so complicated, it is difficult for customers to know what returns to expect

Benjamin is a startup in the annuities market inspired by what Vanguard did in the mutual fund market. We want to take what is good about annuities (tax deferral, market protection, etc) and strip out all the fat & commissions so we can provide customers with a simple product that offers excellent value.


Sam Abbas is the founder of Benjamin. Prior to Benjamin, Sam founded Symmetric.io a software platform to help pension, endowment, foundation & sovereign wealth fund clients get transparency into their hedge funds allocations and better quantify if these investments are providing value. Symmetric is used by many of the largest institutional allocators in the world including 4 of the top 5 fund of funds. Prior to Symmetric, Sam was Director of Research and Trading at Privero Capital, a NYC based trading/technology firm specializing in high frequency statistical arbitrage. Sam began his career as a strategy consultant at Oliver Wyman & Company. Sam graduated from Princeton University with a degree from the Woodrow Wilson School, where he wrote his thesis under Daniel Kahneman, the 2002 Nobel Laureate in Economics.