Posted on 12/16/2021 6:26:05 PM PST by PistolPaknMama
Tried to post as little personal info as possible on the forum!
Have the same thing going on with my brother. His financial adviser got him to spring for a annuity. I have looked into the investment this guy put my brother in and told him to fire him and let me put him with someone else.
I think the guy got my brother to buy the annuity so he could get a big fat commission , not to really help my brother in his long term invesments for retirement.
Thanks for the advice, but I already have an annuity and have been offered a lump sum to get out of it, or I can stay in it. I just don't want to take a loss. They are offering 18k enhancement, so I think they really want me to take it.
Sounds like the company wants to get out of the annuity. what are the GMIB or any other income benefits?
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