Annuities

deferred annuity is surrendered before the annuitization period

What Happens If A Deferred Annuity Is Surrendered Before The Annuitization Period

If you’re considering surrendering your deferred annuity before the annuitization period, it’s important to understand the potential consequences of your decision. A deferred annuity is a type of retirement savings vehicle that allows you to accumulate funds over time and receive income payments later in life. However, surrendering your annuity before the annuitization period can

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