If an annuity owner, age $55,$ sets up a property designed systematic withdrawal plan,

A$)$ the owner normally losies rights to the cash value accumulated in the annuity

B$)$ the owner generally will not be subject to the pensty ter on premature distributions

C$)$ the payments will be based on the arruity payments projected at relirement

D$)$ with most companies, the withdrawal payments will be subject to a surrender charge