Sentence examples for surrender fees from inspiring English sources

Annuities often charge surrender fees for withdrawals, typically 1 to 2 percent of assets but sometimes up to 8 percent.

■ Do any of the investment options include fees related to specific investments, like 12b-1 fees, insurance charges or surrender fees, and what do they cover?

Since the annuity company paid a commission to the broker who sold the annuity, there are also so-called surrender fees for taking your money out in the first five to 10 years of the annuity.

Surrender Fees.

Surrender fees from the old account whittle down your bonus.

If so, the 1035 Exchange could be made without having to consider any surrender fees.

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

With an insurance policy you're going to get nicked for an early surrender fee in the first seven years.

And, if you take your money out and you're not yet 59.5 years of age, you'll pay a 10% early withdrawal fee in addition to the surrender fee.

You'd want to do a break-even analysis to determine how long it would take the lower cost annuity to pay you back in savings for any surrender fee you might have to pay.

After that guaranteed period, the interest rate may revert to a below-market yield, but you're locked into that low yield by a high surrender fee that may last for up to 15 years.