Elawyers Elawyers
Ohio| Change
Asked in NJ May 26, 2022 ,  0 answers Visitors: 12

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?

Data From  LAWGURU_Question

1 Answers

Anonymous
Reply

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.

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer