Annuities Information

It is difficult to answer this questions without having some context and making assumptions.

First, what do you mean by "finished"?

M&E fees (also referred to as mortality and expense charges) are part of the expense structure of annuities.  In general, these charges cover the insurance

You need to take a look at the surrender charges your particular VA contract.

Good question.

New York state insurance law does appear to exempt the proceeds of annuity contracts from creditors.

There are, however, clear exceptions to this rule.

Click here to look at the issue in more detail.