Surrender Period

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Dictionary Says

Definition of 'Surrender Period'

The amount of time an investor must wait until he or she can withdraw funds from an annuity without facing a penalty. Withdrawing money before the agreed-upon holding period can result in a surrender charge.
Investopedia Says

Investopedia explains 'Surrender Period'

Generally, but not always, the longer the surrender period, the better the terms of the annuity. After the surrender period has passed, the investor is free to withdraw the funds without being subject to a fee.
Search results for

'Surrender Period'

  • Series 7 Study Guide - Packaged Securities - Purchasing Variable ...

    http://www.investopedia.com/exam-guide/series-7/packaged-securities/purchase-variable-annuities.asp
    ... the surrender charge is a percentage of the amount withdrawn, and it declines gradually
    over a period of several years, known as the surrender period. ...

  • Series 26 Study Guide - Variable Contracts - Annuity Distributions ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-distributions-charges.asp
    ... the surrender charge is a percentage of the amount withdrawn, and it declines gradually
    over a period of several years, known as the "surrender period". ...

  • Series 6 Study Guide - Variable Contracts - Variable Annuity ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/variable-annuity-charges.asp
    ... Generally, the surrender charge is a percentage of the amount withdrawn and declines
    gradually over a period of several years, known as the "surrender period". ...

  • Update Your Variable Annuity With Section 1035

    http://www.investopedia.com/articles/retirement/08/section-1035-exchange.asp
    ... How much will each one cost annually? Surrender Period - What is the surrender charge?
    How long does it last? What are my options for withdrawing money? ...

  • Converting An IRA Annuity To A Roth: Know The Rules

    http://www.investopedia.com/articles/retirement/10/rules-converting-ira-annuity-to-roth.asp
    ... The owner would then convert the contract during this period so that the greatly
    reduced surrender value would be taxed instead of the current value of the ...

  • Introduction To Annuities: Advantages And Disadvantages ...

    http://www.investopedia.com/university/annuities/annuities2.asp
    ... This window generally remains open until the surrender charge schedule expires.
    Free Look Period – Virtually all annuity contracts have a free look period ...

  • Life Insurance: How To Get the Most Out Of Your Policy

    http://www.investopedia.com/articles/pf/06/lifeinsurance.asp
    ... life insurance policies, if you fail to pay the premiums in the grace period, you
    won't ... Terminate your policy and get the cash surrender value in hard cash. ...

  • Taking The Bite Out Of Annuity Losses

    http://www.investopedia.com/articles/pf/05/AnnuityLosses.asp
    ... still within the deferred sales charge period. Therefore, closing the annuity might
    not be the best option, since you might be hit with a hefty surrender charge ...

  • Callable CDs: Check The Fine Print

    http://www.investopedia.com/articles/bonds/07/callable_cd.asp
    ... before the maturity date, there is a possibility you'll run into surrender charges ...
    these fees; if you have held the certificate for a long enough period of time ...

  • Selecting The Payout On Your Annuity

    http://www.investopedia.com/articles/retirement/05/071105.asp
    ... your estate or beneficiaries even if you die before that guaranteed period is over ...
    exchange to the new insurer, but make sure to check the surrender charges on ...

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