LONDON, May 2 (Reuters)- Brent crude futures eased on Wednesday,
surrendering early gains after evidence of further increases in U.S. shale supply and a rise in Iranian exports ahead of a possible renewal of U.S. sanctions on Tehran.
Government bond yields fell, and the U.S. dollar
surrendered earlier gains.
Not exact matches
However, because interest is not credited until the end of the term, there may be no index - linked
gain if the annuity is
surrendered early.
As noted
earlier, when a life insurance policy is
surrendered in full, the
gains on the policy are taxable (as ordinary income) to the extent that the cash value exceeds the net premiums (i.e., the cost basis) of the policy.