In this case, you have two options: One is to surrender, which means to give up the annuity. Some people get tired of having to pay or have not received anything from their annuity, which was supposed to be something to guarantee a better quality of life. If you surrender before the contract period expires, then you will probably have to pay a fee for doing so. And sometimes that cost can be prohibitive. The bottom line is that surrendering your annuity is rarely the best option for most people. The good news is that you can to sell your annuity instead. Selling your annuity means giving it to some other person or company in exchange for a lump sum of cash. If this is something you would like to talk about further, call 866-508-0010 today!