At 911 annuity, we evaluate all feasible exit strategies on your contract to present all options

available to you.

 

Cashing out of an annuity can sometimes be as simple as a surrender. In other circumstances, holding on to the contract or passing it down to a beneficiary might be more advantageous.

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This detailed review of your current contract includes but is not limited to the items below:

 

• Review of current ownership

• Review of beneficiaries

• Death benefit review

• Living benefit review

• Income options evaluation

• Cost basis

• Potential tax implication

• Potential transfer restrictions

• Transaction costs such as surrender penalties or bonus claw backs and market value adjustments

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Each situation is unique and needs to be carefully evaluated.