Sounds like my question isn't clear.
After ~100h of reading and thinking things over, I've decided to do a basic 3-fund portfolio over all of our accounts, taking advantage of the lowest-fee options. There's a decent total market fund and bond fund in this annuity, but that's perhaps not relevant. My question is: if I've decided to allocate, say, 15% of our overall portfolio to "bonds," wouldn't it be better to use the fixed income offering in this annuity, since it's currently offering a higher yield than VBTLX and isn't subject to price risk?
This annuity (from my employer contribution) only represents a small percentage of our portfolio currently. Will need to hold additional VBTLX equivalent in the 403b to meet our desired asset allocation.
Have also been trying to wrap my brain around tax-adjusted asset allocation, but many uncertainties with that.
Thanks.