Question

 What is a surrender charge on an annuity policy?

Answer An annuity is a retirement product that pays out money in increments for a certain period of time. If you make withdrawals from your annuity within a certain time, you'll pay a surrender charge.The... Read More »
http://www.answerbag.com/q_view/1962080

Top Q&A For: What is a surrender charge on an annuity policy

How to Surrender a Tax Sheltered Annuity?

A tax-sheltered annuity (TSA) is an employer-sponsored retirement savings plan also called a 403b plan. While these plans are designed to supplement retirement income after age 59 1/2, it is possib... Read More »
http://www.ehow.com/how_7339852_surrender-tax-sheltered-annuity.html

How to Surrender an IRA Variable Annuity Before Age 70 1/2?

The Internal Revenue Service gives variable annuities the same tax status as retirement accounts. Many people roll 401k accounts or certificate of deposit IRAs into variable annuities with the inte... Read More »
http://www.ehow.com/how_7352212_surrender-before-age-70-1_2.html

How to Avoid Paying Annuity Surrender Charges?

Annuities can provide a wealth of benefits for investors saving for retirement, such as unlimited tax-deferral, a guaranteed stream of income, protection from probate and creditors and professional... Read More »
http://www.ehow.com/how_12058728_avoid-paying-annuity-surrender-charges.html

What is the surrender value of a life insurance policy?

People buy life insurance to replace lost income resulting from untimely deaths. Surrender value applies to permanent or whole life insurance. Compare term and whole life insurance coverage to unde... Read More »
http://www.answerbag.com/q_view/1922199


feedback
loading