I recently converted my IRA into an Annunity — now i;m feeling like this was not the right thing to do, but its done, what do you think?
Terry Says: I think you helped the salesman’s retirement, not yours! How long ago did you do this? You may have a 30 day right to rescind this decision. Ask immediately if that’s possible. Without knowing all the details of the kind of policy, and your age, I can’t really give you a complete answer, but if you can get the money back I can point you in the right direction for advice.