Originally Posted by pinklady108
The annuity in question is a Security Benefit Multi Choice annuity. I paid a lumpsum up front. I don't contribute and I haven't withdrawn. I have three years left on the original contract and I have made some interest, more in the beginning, less now. Its called a non - qualified annuity. Is this helpful. I hope so, because I'm the one in need of help. Thanks
A few questions:
1)What was the lump sum?
2)Is it variable or fixed?
3)What is the current value?
4)What are the surrender charges (in year 5, they might be 3-4%)
5)Is there a death benefit rider on the policy?