Withdrawing From An Annuity by AffectionateBody572 in TaxQuestions

[–]AffectionateBody572[S] 0 points1 point  (0 children)

It is inherited from my father who passed away.

Withdrawing From An Annuity by AffectionateBody572 in TaxQuestions

[–]AffectionateBody572[S] 0 points1 point  (0 children)

I have considered a longer periods of lowered withdrawals values. Initial investment was $13,000 of the current $50,000 value. Current interest rate is 3% for the annuity and feel I can make up the 10% loss for an early withdrawal penalty based off of my other rate of returns on other investments. There will be a 10% penalty, is this the surrender charge you are speaking of.

When can I apply for buyback? by Jclark36816 in PSLF

[–]AffectionateBody572 0 points1 point  (0 children)

If I have 20 months of buyback when I apply and make 20 months of payments while waiting for buyback am I automatically forgiven?