Is Annuity A Liquid Asset? 
To qualify as a liquid asset a product must have a ready market and if the product is sold there should not be any depreciation in price . An annuity fits all of these with the exception that a deferred annuity might have a surrender charge -LRB- much like an early withdrawal penalty -RRB- that would reduce the value of the annuity . Most companies will handle the surrender of an annuity within a few business days . 