Is There A Surrender Period In An Immediate Annuity? 
An Immediate Annuity generally speaking does not have a surrender period . In fact , if you set up an Immediate Annuity , you are giving your monies to the insurance company in exchange for a guaranteed payout depending on how you set this up . There is a company however that after 3 years will allow you to surrender or take a partial withdrawal of the funds remaining . IF you would like more information , do not hesitate to contact me . 