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Will I have access to my money in a fixed annuity?

In Annuities - Fixed Annuity - Asked by Admin - 8 months ago

I know through some fixed annuities you can withdraw 10 percent of your account value each year without incurring surrender charges. If a withdrawal is taken prior to age 59½, it may be subject to a 10 percent federal income tax penalty

Answered by Admin - 8 months ago


Tags: federal income tax penalty, fixed annuity withdrawal, will i have access to my money in a fixed annuity?

Related Questions


Is my income from a fixed annuity considered ordinary or capital gains?

In Annuities - Fixed Annuity - Asked by Admin - 8 months ago

what does a 1-10 Year Term mean for a fixed annuity?

In Annuities - Fixed Annuity - Asked by Admin - 5 months ago

What does it mean when your card is declined?

In Credit Cards - Types of Cards - Asked by Admin - 6 months ago

Are you looking for a way to have a way to have fixed income for the rest of your life by obtaining a fixed annuity. It is a great way to have a fixed income at a fixed rate. Wondering about "will i have access to my money in a fixed annuity?", annuities and specifically fixed annuities you can ask our experts for free.



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