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Author: hastings4455 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75377  
Subject: Two-tier annuities Date: 5/4/2001 2:50 PM
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Someone told me that "two-tier annuities" -- in which the annuity company will charge high fees if the annuity holder wishes to transfer money out, instead of annuitizing the contract -- are no longer sold.
However, another contact claims they are still being sold in most states.
Can anyone give me a definitive answer? Thanks.

David
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