The cash surrender value includes a possible surrender charge and market value adjustment unless they wait until the contract term ends. If you pass away before the end of your annuity contract, your beneficiaries will receive the cash surrender value.
If you do nothing, the contract renews for the same term and rates effective at that time. Withdrawal any amount free of charges and fees.Ģ. Personal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b).ĪK, CA, CT, DC, FL, MA, ME, MI, MN, MO, NH, NJ, NY, PR, TN, VA, VI, VT, WA, WI, WVģ0 Days prior to the end of your contract term, you will have the option to choose from the following.ġ.
