If an annuitant cancels her variable annuity during the accumulation period, she may be required to pay which of the following?
A) A penalty to the IRS
B) A surrender charge
C) An additional management fee
D) An additional administrative fee
If an annuitant cancels her variable annuity during the accumulation period, she may be required to pay which of the following?
A) A penalty to the IRS
B) A surrender charge
C) An additional management fee
D) An additional administrative fee
