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Asked in NJ May 26, 2022 ,  0 answers Visitors: 21

annuities

I invested a substantial amount of money in 3 annuities thru a financial adviser. I have been losing monies since I purchased them. Can I legally cash them in without incurring substancial loss of principle?

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1 Answers

Anonymous
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Posted on / Sep. 25, 2008 15:39:00

Re: annuities

They can be cashed in, but there is usually a surrender charge. If the broker recommended an unsuitable investment, you might be able to get your money back.

I need more information about your investments. Feel free to contact my office directly for a free initial consultation.

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