Example: biology
Annuity Withdrawal / Surrender Request
SECTION C - FULL WITHDRAWAL (ANNUITY POLICY WILL TERMINATE) I hereby apply for the Cash Surrender value of the above described annuity policy. In consideration of the payment to be made to ... If a distribution is taken prior to age 59½, you may be subject to an IRS premature distribution penalty of 10% of the taxable portion of your distribution.
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