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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. What are annuities and how do they work? - AOL

   www.aol.com/finance/annuities-163446674.html

   Surrender charges typically last six to eight years after signing the annuity contract, and tend to decrease over time. ... An annuity surrender period is the duration of time that an investor ...

4. Income annuities: What are they and how do they work? - AOL

   www.aol.com/finance/income-annuities-192155451.html

   Fees and surrender charges: Be wary of potential fees associated with annuity purchases and early withdrawals. Ongoing annual fees and surrender charges can eat into your returns.

5. Ask These 6 Questions Before Buying an Annuity - AOL

   www.aol.com/ask-6-questions-buying-annuity...

   Surrender charges: Applied when funds are withdrawn early, decreasing over time. Make sure you fully understand what fees you’ll pay throughout the life of your annuity before signing on the ...

6. Annuities in the United States - Wikipedia

   en.wikipedia.org/wiki/Annuities_in_the_United_States

   A variety of features and guarantees have been developed by insurance companies in order to make annuity products more attractive. These include death and living benefit options, extra credit options, account guarantees, spousal continuation benefits, reduced contingent deferred sales charges (or surrender charges), and various combinations ...

7. Fixed annuity - Wikipedia

   en.wikipedia.org/wiki/Fixed_annuity

   Like traditional annuities, indexed annuities have surrender charges. These charges vary from 20% down to 1% and policies can have surrender charge periods ranging from 1 – 16 years. 10–13 years is the most common length of a surrender charge period on indexed annuities.

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

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

   Surrender charge: During the accumulation phase, you may face a surrender charge if you withdraw funds from the annuity before a specified period, typically the first five to 10 years. This charge ...

9. How To Get Out of an Annuity You No Longer Want and Avoid ...

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

   An annuity -- a contract between you and an insurance company that requires the insurer to make payments to you, ... Your contract might begin with a 7% surrender charge, for example, and then ...