Annuities That Provide Withdrawal Options

Shawn Plummer

CEO, The Annuity Expert

These annuities offer withdrawal options to access your retirement plan like a savings account (with limitations). In most cases, a retiree shouldn’t face a penalty when withdrawing from an annuity. However, a few of these annuities will allow for a withdrawal but may decrease an interest rate or charge a fee to have standard liquidity.

Annuities Include:

Annuities that Provide for Withdrawal Options

Annuities that offer regular withdrawals options (with limits) without a penalty charge to the retiree.

Annuities That Require Annuitization

These annuities require annuitization, which means you convert your retirement savings into an irrevocable income stream in retirement. Once you annuitize the retirement plans, …
Read More

Single Premium Annuity Definition

What is a Single-Premium Annuity? A single-premium annuity is defined as an annuity purchased by a single lump-sum payment is called a single premium annuity. The …
Read More

5 Examples Of An Annuity

Annuity Examples The Pension PlanMega Millions AnnuityPowerball AnnuityCourt SettlementTax-Sheltered Annuity Pension Plan A pension plan is a type of retirement plan for which an employer contributes to a …
Read More

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top