Note: Some variable annuities guarantee a return of premium, which means that all invested funds (minus fees) will be paid out during annuitization even if the underlying portfolio loses value.

Explore the ins and outs of cashing out annuities. Understand the process, factors to consider, and alternatives. Find out ...

Variable annuities typically come with few or no guarantees but offer the potential for higher long-term returns. The distribution phase, also known as annuitization, is when the account value of ...

Annuities are investment products issued by ... Those funds may be split among various investment options. The annuitization phase: The annuitization phase is when you receive payouts from the ...