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	<title>Charlotte Real Estate, Development, and Construction News: Mecklenburg Times &#187; annuities</title>
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		<title>‘Benefit base’ is key in annuity payouts&#160;</title>
		<link>http://mecktimes.com/news/2013/02/08/benefit-base-is-key-in-annuity-payouts/</link>
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		<pubDate>Fri, 08 Feb 2013 14:47:27 +0000</pubDate>
		<dc:creator>Malcolm Berko</dc:creator>
				<category><![CDATA[Berko]]></category>
		<category><![CDATA[annuities]]></category>

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		<description><![CDATA[Your answer last month to CC in Vancouver, Wash., about taking $9,000 from his annuity for income confuses me. His adviser said that if he took more than 6 percent of his initial $112,000 investment, or $6,720, his annuity value would be reduced by the difference between the $9,000 he would take and the $6,720 he was allowed to take, or $2,820.
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