Can one make withdrawals from a fixed, immediate annuity?
No. Withdrawals from a fixed, immediate annuity may be made only if there is a commutation (cancellation) provision written in your annuity contract. What pay-out options are available from a fixed, deferred annuity? Most fixed, deferred annuities offer several standard pay-out options – ranging from pay-outs for a specified period of time (Period Certain) to pay-outs for life. Click for more pay-out options information.
