Can I withdraw money from my variable annuity?

Yes, you can withdraw money from your variable annuity. However, it is important to note that there may be restrictions and fees associated with withdrawals. Typically, variable annuities have surrender periods during which early withdrawals may incur charges. These surrender charges generally decrease over time until they eventually expire. Additionally, some variable annuities offer a withdrawal benefit called a "guaranteed minimum withdrawal benefit" that allows you to withdraw a specific amount, usually a percentage of your initial investment, annually for a certain period of time. It is recommended to review the terms and conditions of your specific variable annuity policy or contact our customer service team for more detailed information regarding withdrawals from your variable annuity.