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Subject:  Re: Optimal level of annuity purchase may b nega Date:  9/9/2013  9:47 AM
Author:  TMFMurph Number:  72773 of 88807

How do you short an annuity?

Do what I did for my wife ( who was sold an annuity shortly after her prior marriage divorce, when she felt financially vulnerable ):

1. Maximize penalty-free withdrawals each year (if the contract allows them).

2. Get the heck out as soon as the contract allows without significant financial penalty.

It took three+ years, but we got clear of her annuity without penalty....and are glad we did.

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