A "surrender charge" is a type of sales charge you must pay if you sell or withdraw money from a variable annuity during the "surrender period" – a set period of time that typically lasts six to eight years after you purchase the annuity. Surrender charges will reduce the value and the return of your investment.
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It’s never too early to start thinking about saving and investing. Forming a parent/teen partnership early on is a smart financial decision!
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Learn how to use a vision board to motivate yourself to save and invest for your financial goals.
A Classroom Activity You Can’t Afford to Miss
No matter how old you are or how much investing experience you have, the HoweyTrade videos, worksheet, and quiz can provide you tips for protecting your money.