Calculators / Surrender Cost

Surrender Charge Calculator

Calculate the dollar penalty of an early withdrawal under a typical surrender schedule.

Live rate environment

Updated May 11, 2026

10-Yr Treasury

4.32%

FRED / U.S. Treasury

Fed Cut Probability

42%

Next FOMC June 17, 2026

Avg 5-Yr MYGA

5.60%

Industry average

SPIA @ 65M / $100K

$600/mo

Life-only payout

Enter values and the result will appear here.

How this calculator works

Calculate the dollar penalty of an early withdrawal under a typical surrender schedule.

Inputs: Premium ($), Surrender schedule, Withdrawal amount, Year of withdrawal.

Output: Surrender penalty ($) and effective rate (%).

Methodology: this calculator uses publicly available industry-average inputs (SSA Period Life Table, Federal Reserve Treasury yields, average carrier-published rate cards). Output is illustrative only. Actual carrier quotes vary by carrier, contract features, and current market conditions. Verify with the carrier or a licensed advisor before purchase.