Variable Annuity without Surrender Charges

Evaluates how a no-surrender-charge variable annuity can support your retirement savings strategy.

  • Methods explained
  • Save scenarios
  • Compare saved scenarios

Annuity Details

$
%
20 years
%
5 years

No-Surrender Advantage

$130,696
Value at Year 5
$291,775.75
Value at Year 20
Total Fees Over Period$52,302
Early Access Value$130,696
No-Surrender Advantage$3,921

With a no-surrender-charge annuity, you save $3,920.88 compared to a typical annuity if you withdraw in year 5. Your full $130,696 is accessible without penalty.

Flexibility Benefits

With Typical Surrender Charges

A typical 7-year declining surrender charge would reduce your early withdrawal value by up to 3%.

No-Surrender Advantage

Access 100% of your account value at any time without surrender penalties, saving $3,920.88 on early access.

No-surrender annuities typically have slightly higher annual fees but offer complete flexibility. This is ideal if you may need access to your funds before retirement.

How it works›

Model and assumptions. Projects investment growth net of entered annual fees and compares the modeled withdrawal value with the page’s illustrative surrender-charge schedule. Actual contracts use different schedules, riders and tax rules; investment performance is not guaranteed.NAIC: life insurance and annuities