What are the rules for withdrawing from an annuity?
Could you please elaborate on the regulations and procedures that one must adhere to when seeking to withdraw funds from an annuity? Are there any specific conditions or penalties associated with early withdrawals? Additionally, are there any limitations on the amount that can be withdrawn or is it solely determined by the terms of the annuity contract? It would be great if you could provide a comprehensive overview of the withdrawal rules for annuities.