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Posts Tagged ‘worthless’

If a variable annuity has a term of four yrs and the market is bad can the annuity become worthless?

13 Mar

We were sold an annuity with the promise of 6% interest and supposedly that was guaranteed forever? Were we conned? Could our annuity become worthless in 5 or 6 or 7 years? The current value of the annuity is down.

 
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