Surrender charges vary by issue age, gender, underwriting rate class and product;
these charges decline over time, so please see your prospectus for details.
Not exact matches
I am not sure whether the entire amount of restructuring
charges can be added back as a one -
time expense, but the restructuring
charges do appear to be
declining year
over year, so I think its reasonable to expect that these expenses might continue to shrink.
By Jim PoolmanMyth: Indexed annuities impose uncharacteristically high surrender feesTruth: Surrender
charges, which limit liquidity to an extent, are clearly disclosed,
decline over time, and provide a known cost of exit.
These
charges decline to zero
over a period of
time.
This is opposite from what happens in a traditional mortgage, where the interest
charged decreases
over time because the loan balance
declines.
A sales
charge or commission paid when an individual sells an investment (the %
charged typically
declines over time.)
These
charges decline to zero
over a period of
time.