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Like all other annuities, there will be hefty surrender charges to pay if you pull all of your money out early.
But it may also come at the cost of hefty surrender fees or penalties if you decide you need to tap your savings prematurely.
If you sell too early, you may be liable for a hefty surrender charge, and if you sell before you have reached the age of 59 1/2, you will probably be faced with federal taxes and penalties.
Similar(57)
Hefty fines seem inevitable.
Maintenance is hefty.
The program was hefty.
But all are hefty.
Unconditional surrender!
Surrender, Dorotheus!
"I surrender.
No surrender".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com