Selling your annuity is a big decision you will need to consider, and we wanted to put together a small list of questions you should ask yourself and your financial adviser before you make the decision to sell.
The number one question you should ask yourself has to deal with your intentions. Are you thinking of selling your annuity for the right reasons? The top reasons why people decide to sell their annuity include paying down debt, making an investment, and setting up a big life change. The truth is that you will lose money on taxes and fees when you sell your annuity. Is the trade off worth it?