CAN ANNUITY BE MOVED
I have an annuity with 1 firm can I move the whole annuity to a different company.
Terry Says
Once you own the annuity, the firm has little to do with it. What would be the reason for the move? If you just don’t want to talk to the salesperson who sold you the product, you can request another contact at the firm. But this is a contract between you and the insurance company.
I’m assuming this is some kind of equity-linked annuity.
If it is an immediate annuity, or you have reached the payout stage of an equity-linked annuity, the payments are coming directly from the insurance company.
