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You can surrender the policy at anytime, you may have to pay a surrender charge if you're taking it out early.

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14y ago

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Where can one learn about annuity funds?

There are many places where one would be able to learn about annuity funds online. One could visit sites such as Understand Annuities for information regarding annuity funds.


What are the advantages of using annuity brokers to purchase an annuity?

The advantage of using an annuity broker is that they can present you with a range of options that may have been difficult to find otherwise. They may also be able to give advice on which annuity is a good fit for you. You should always understand any fees charged by the broker before using their services.


Can life insurance cash value be converted into an annuity?

The cash value can be borrowed from the insurance policy and an annuity purchased with it. Depending upon the insurer, you may be able to have the two transactions done with the same company (assuming you wish to buy an annuity product from that company). Keep in mind, however, that the cash value withdrawal is a loan that accrues interest according to the terms of the policy. Therefore, in order to make the transaction worthwhile, the annuity must throw off sufficient income to make up for the reduction of value of the insurance policy due to accruing interest on the policy loan.


How can I get deferred interest charges waived?

To get deferred interest charges waived, you can try contacting the lender or credit card company and explaining your situation. You may be able to negotiate a payment plan or request a one-time waiver of the charges. It's important to be polite and persistent in your communication to increase your chances of success.


Can your annuity be garnished by a personal loan?

Yes, an annuity can potentially be garnished for a personal loan, but it depends on state laws and the specific terms of the loan agreement. Creditors may be able to obtain a court order to garnish funds from an annuity if they successfully sue for non-payment. However, some types of annuities may offer certain protections against garnishment. It's advisable to consult a legal expert for personalized advice based on your situation.

Related Questions

Where can one find information about annuity leads?

One can find information about annuity leads by speaking with sales people in the field and getting advice from them as to how they are able to get new annuity leads.


Where can one learn about annuity funds?

There are many places where one would be able to learn about annuity funds online. One could visit sites such as Understand Annuities for information regarding annuity funds.


What are the advantages of using annuity brokers to purchase an annuity?

The advantage of using an annuity broker is that they can present you with a range of options that may have been difficult to find otherwise. They may also be able to give advice on which annuity is a good fit for you. You should always understand any fees charged by the broker before using their services.


What is a good sentence with flexible?

The flexible pipe will be able to wrap around the corner.


What is the definition of variable annuity funds?

A variable annuity of funds allows for you to invest funds with an insurance company. When you invest your funds, you are able to pick which investments you would like your funds to go into.


Generally, how good is Metlife variable annuity?

According to the Metlife website there variable annuity plan is well worth while. They guarantee to protect your money from market declines and in approximately 10 years one is able to start taking income out of their Metlife variable annuity.


Are you able to possess or purchase firearms in Iowa if you received a deferred judgment for a felony?

Insufficient information given on which to base an answer.


What are meez premium items?

Well when you have a meez you have a choice to upgrade to a premium membership. Then you are able to get premium items, they are like regular items expect you have to be a member. The bad part is that you have to pay of course to become a premium member.


What are the advantages of using a flexible Gorillapod SLR?

The advantages of using a flexible GorillaPod SLR is that one would be able to situate their camera at such angles and in such locations they would not be able to otherwise. The GorillaPod is lightweight, flexible, and can hold the weight of the SLR camera.


What are synonyms of flexible?

limber, lithe, supple, willowy


Immediate Annuity Calculator?

Immediate Annuity Calculator An immediate annuity is a product sold by insurance companies that is designed to provide you with an income stream for life. The income, by definition, is designed to start immediately, although some immediate annuities allow you to defer payments for up to one year. It is very important to remember that once you set up an immediate annuity, you no longer control the money you put in it. Likewise, while the income stream is guaranteed for your lifetime, an untimely death will not result in any money being returned to your estate. This calculator is designed to help you estimate your monthly payments from an immediate annuity.


What does it mean for a recipe to be flexible?

For a recipe to be flexible it means to be able to put a little more or a little less of a specific of ingredient or ingredients.