<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: Can A Deferred Annuity Be Surrendered?</title>

	<atom:link href="https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered/feed" rel="self" type="application/rss+xml" />

	<link>https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: Ronald Hinch</title>

		<link>https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</link>

		<dc:creator>Ronald Hinch</dc:creator>

		<pubDate>Sun, 10 Jul 2016 23:08:23 +0000</pubDate>

		<guid isPermaLink="false">https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</guid>


		<description><![CDATA[Yes, a deferred annuity can be surrendered but, you may pay withdrawal penalties and, of course, taxes on the amount withdrawn.  There are some special circumstances where the penalties for early withdrawal are waived.   Most annuities have a 10% free withdrawal allowed and in the case that the policy holder will need convalescent care withdrawal fees are usually waived.]]></description>

		

	</item>


	<item>

		<title>By: Larry Gilmore</title>

		<link>https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</link>

		<dc:creator>Larry Gilmore</dc:creator>

		<pubDate>Sun, 11 Oct 2015 05:22:16 +0000</pubDate>

		<guid isPermaLink="false">https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</guid>


		<description><![CDATA[Can a deferred annuity be surrendered? Short answer is yes, but before deciding to surrender you need to check to see if there are any surrender penalties involved. In many cases annuities can have a ten year long surrender window. Also there may be tax implications in the surrender depending on how long you&#039;ve had it and if you&#039;re liquidating vs. transferring.]]></description>

		

	</item>


	<item>

		<title>By: Jim Winkler</title>

		<link>https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Sun, 20 Jul 2014 23:44:26 +0000</pubDate>

		<guid isPermaLink="false">https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</guid>


		<description><![CDATA[That is a great question! They can, but it may not be your best option, depending upon how long you&#039;ve had the annuity. Anytime you surrender an annuity, you will pay some form of fee or charge. ( The insurance company does this to recapture some of the lost income they would have generated, and cover costs.) Your annuity in the first years will have a &quot;surrender period&quot; where these charges are very steep. They do this, as an incentive for you to actually derive a benefit from your annuity. The charges can vary widely, but generally start at 10% plus fees, and gradually reduce as time goes on. If there was a bonus added to your annuity, this amount typically is removed or reduced also. You could stand to lose a big chunk of what you&#039;d invested. If you need quick cash, there are some better ways. If you would like to contact me, I&#039;d be happy to go over this in more detail with you. Thank you for asking!]]></description>

		

	</item>


	<item>

		<title>By: David Pipes</title>

		<link>https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Fri, 18 Jul 2014 19:29:17 +0000</pubDate>

		<guid isPermaLink="false">https://www.insurancelibrary.com/annuities/can-a-deferred-annuity-be-surrendered</guid>


		<description><![CDATA[
Most deferred annuities can be surrendered.&#160; Once the contract “annuitizes” or starts paying a monthly income for life, most contracts cannot be surrendered.&#160; In reality most deferred annuities are surrendered.&#160; The earnings of the plan are tax deferred and might present substantial advantages to the owner.&#160;
]]></description>

		

	</item>


</channel>

</rss>

