What Is A Market Value Adjustment On A Fixed Annuity? 
A market value adjustment is an adjustment that may apply to the value of your annuity . It can be positive or negative . The amount of the adjustment is determined by a mathematical formula based on the difference between the interest rate when the annuity started and when it was surrendered . If rates are higher , your value will be decreased . If rates are lower , your value will be increased by the market value adjustment . The specifics should be outlined in your annuity contract . If not , they will be available from the issuer . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . 