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2. What Happens If I Surrender My Deferred Annuity Early? - AOL

   www.aol.com/happens-surrender-deferred-annuity...

   If you surrender the annuity before reaching age 59 ½, you may also be subject to an additional 10% early withdrawal penalty imposed by the IRS. For example, an annuity holder in the 24% tax ...

3. How To Get Out of an Annuity You No Longer Want

   www.aol.com/annuity-no-longer-want-170021218.html

   Withdrawals are usually taxed as income, and if you’re under 59.5, you might also face an extra 10% tax penalty.” Even if your annuity doesn’t allow for surcharge-free withdrawals, it might ...

4. Are Annuities Taxable? - AOL

   www.aol.com/annuities-taxable-190031897.html

   Note: If you withdraw funds from your annuity before age 59 ½, you may have to pay an additional 10% penalty on the taxable portion of your annuity. Last-In-First-Out

5. What are variable annuities? Benefits, risks and how they work

   www.aol.com/finance/variable-annuities-benefits...

   Finally, if you withdraw money from an annuity prior to age 59 ½, you’ll be subject to a 10 percent penalty from the IRS. Can you lose money with a variable annuity? Absolutely.

6. What Is an Annuity? How These Tricky Contracts Really Work - AOL

   www.aol.com/annuity-tricky-contracts-really...

   You will owe substantial taxes, surrender charges and other penalties if you try to terminate the annuity contract or withdraw money early. Early withdrawal fees and penalties can range from 7% up ...

7. Are Annuities a Good Investment? Pros and Cons to Consider - AOL

   www.aol.com/finance/annuities-good-investment...

   Annuities can come with certain tax penalties. For example, if you are under the age of 59½ the IRS could charge you a 10% early withdrawal penalty. ... The surrender period is the time frame in ...