Are you worried about locking up your savings in an annuity, only to face massive surrender charges if an emergency happens and you need your money back early? Fortunately, there are specific contract features designed to give you a clean exit!

In this video, Shawn Plummer from The Annuity Expert breaks down exactly how the "Return of Premium" (ROP) feature works. If you ever want to cancel your contract, this provision forces the insurance company to hand back your original investment (minus any previous withdrawals or fees) completely free of surrender charges.

However, Shawn also reveals the major downside to the ROP feature: You forfeit all the interest you earned! To solve this, he shares a brilliant alternative strategy called "Cumulative Penalty-Free Withdrawals." Acting just like old-school rollover cell phone minutes, this fe ...