Rae’s article acknowledges that there are a variety of reasons – for example, high fees, lack of service, or lack of good investment options – someone may want to get out of a bad annuity (or even a good annuity). According to Rae, “your best bet to get out of a bad annuity will depend on how terrible the annuity your purchased happens to be.” Some people will be required to go through what Rae calls “Annuity Rescue” while others may transfer their fund to another account or pull out all their money and run.
Download the full article by clicking Rae, What Is The Best Way To Escape A Dreadful Annuity?
