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  2. Ask an Advisor: Should I Cash Out My $200k in Annuities ... - AOL

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    I've already retired and I've got $200,000 in annuities and I'm 60 years old. Should I get a monthly income from my annuities (which will be about $1,000 or withdraw all of the annuities, pay the ...

  3. What is an annuity? Here’s what you need to know before ...

    www.aol.com/finance/what-is-an-annuity-200110157...

    For example, cashing out a $100,000 annuity in year one could cost $7,000 in surrender fees. You may also owe income taxes and a 10% IRS penalty if you're under age 59 1/2.

  4. Ask an Advisor: Should I Cash Out My Annuities? - AOL

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  5. 8 Reasons to Rethink Annuities as Part of Your Investment ...

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    Lastly, you can transfer cash between annuity types tax-free. Doing so lets you change your income type and match your risk tolerance. You can also place an annuity in a 401(k) or IRA to ...

  6. Retirement annuities: Pros and cons of annuity investing - AOL

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    The rate can be reset periodically over time or increase annually. Indexed annuities: An indexed annuity tracks an index like the S&P 500 and offers a capped return based on the total returns of ...

  7. How To Get Out of an Annuity You No Longer Want and Avoid ...

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    How To Get Money Out of an Annuity Without Penalty. Annuities are binding contracts, so your options for getting out of one are limited. However, it is doable, and you might be able to do it ...

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