"Withdrawal options" refers to the various ways or methods available for someone to take out their money or funds from an account or financial institution. Full definition
Doing so will give you taxable and tax - free withdrawal options in retirement. (fidelity.com)
Most annuities offer a surrender - free withdrawal option, available in each contract year. (cnbc.com)
The systematic partial withdrawals option lets you tell the insurance company how much you want to receive and how often you want to receive it if withdrawals are allowed under the contract. (massmutual.com)