Many annuities charge you a fee if you make a withdrawal before a specified period of time. With variable annuities from Schwab, there are no surrender charges if you decide to withdraw your money for any reason.2,8

Hypothetical Example

Let's say that you need a portion of your account to cover a large, unexpected medical bill. With a variable annuity at Schwab, there's no fee for withdrawing your money.2,8