Sentence examples for pay surrender from inspiring English sources

But if you want to pull large amounts of your money out of an indexed annuity in the early years, you're likely to pay surrender fees that can be as high as 25%.

However, even if you find that you do have to pay surrender fees, it may still make economic sense to proceed with the transfer, based on how much you'd save in lower fees and how long you plan to hold the annuity.

During the accumulation phase, if the investor decides to withdraw money, he or she may have to pay surrender charges as well as a 10percentt federal tax penalty if the withdrawals are made before the age of 59.5.

So if the investor in a high-cost annuity wants to move to a lower-cost annuity or a retail mutual fund, the options aren't very good; either pay the surrender fee to exit the annuity or remain in what may well be a poor investment.

But getting out meant paying a surrender fee of $80,000 plus reimbursing the insurer the entire $50,000 bonus.

(The Bravo sale was done that way: General Electric paid by surrendering a stake in Cablevision that it owned and handing over GE shares as well, making the transaction tax free).

John Hourican will receive 12 month's pay, but will surrender all the unvested bonus and Long Term Incentive Plan awards that can be clawed back (thought to be worth around £4m).

As part of the settlement, the 49ers agreed to pay $300,000 and surrender two draft choices -- their fifth pick in the 2001 draft and their third selection in 2002.

The actor Rip Torn pleaded guilty on Monday night to driving while his ability was impaired, and agreed to pay $380 and surrender his license for 90 days, said Trish Rubino, a clerk at North Salem Town Court.

In the poll of 1,000 men and women, 70percentt of men 20 to 29 were willing to surrender pay to spend more time with their children, compared with 63percentt of women in the same age group.

Invesco Funds Group and its sister company have agreed to pay $376.5 million and surrender $75 million in fees to settle state and federal allegations of improper trading, with the money mainly going to investors hurt by the practices.