Cashing out an annuity refers to the process of withdrawing the entirety of your funds from an annuity contract before the contract's term has ended. In contrast to regular annuity payments that offer ...

Planning for long-term care is one of the hardest financial puzzles families face. In New York, one woman laid it out in plain terms on an aging-care forum: Can my mother cash out her annuity to pay ...

Economic strains and financial-market uncertainties have prompted a growing number of charities to engage in a controversial, but potentially money-saving, practice: giving insurance companies the ...

With proper planning, however, you can easily avoid surrender charges. The key is knowing how much liquidity or access to funds you may need in your annuity. That depends on your circumstances: how ...