Can I withdraw money from my annuity?

Withdrawing money from an annuity is generally possible, but it often depends on the specific terms of the annuity contract you hold with Prudential. Annuities usually have withdrawal provisions that can differ based on the type of annuity, such as fixed, variable, or indexed. Most annuities allow for partial withdrawals after a certain period, while others may have surrender charges if you withdraw funds within a specific time frame, typically in the early years of the contract. It is important to note that withdrawals may also incur tax implications, particularly if the money being withdrawn consists of earnings rather than your principal investment. If you are considering a withdrawal, it would be beneficial to review your annuity contract to fully understand the terms and conditions, including any fees and the process for making a withdrawal. Additionally, Prudential's website can provide up-to-date information and resources regarding withdrawal options, and the site may also have contact information if you need more personalized assistance.