Banks charge a penalty for withdrawing money from a CD before it reaches its maturity date. (daveramsey.com)
A person whose portfolio features higher - risk investments than typical index funds and bonds needs to be more conservative when withdrawing money, particularly during the early years of retirement. (investopedia.com)
If you do not withdraw the money in your cash accumulation account, the insurance company keeps it. (jrcinsurancegroup.com)