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	<title>New answer on: When Can You Cash In Annuities?</title>

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		<title>By: Steve Savant</title>

		<link>https://www.insurancelibrary.com/annuities/when-can-you-cash-in-annuities</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Fri, 06 Sep 2013 14:58:58 +0000</pubDate>

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		<description><![CDATA[Non-qualified tax deferred annuities are personal assets than can be liquidated by the owner of the policy. But there may be ramifications in doing so. These products have surrender charges and sometimes, as in MVAs, an interest rate reduction for terminating before the contract period is over. Liquidation will trigger an ordinary income tax event on all gain in the policy and a 10% additional penalty for cashing in the annuity before 59 1/2.]]></description>

		

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