As it relates to the risks with Portfolio Income Annuities, which statement is correct? There is no cash value and withdrawals are not available for any reason. There is no cash value and withdrawals are not available for any reason except financial hardship. There is no cash value and withdrawals are not available except on Portfolio Income Plans (PDIP/PIIP), since the funds were sourced from another NM policy. Withdrawals can be made during the (up to) 13-month period before income starts on a PIIAPIIP