No. of Recommendations: 1
Why not just move the annuity to a fund company like Vanguard, Janus, Fidelity and invest in their funds? You would take a surrender charge but not a tax bite which is the big issue here.

I think you may do well to read a book on annuities like, "Guaranteed Income for Life" by Michael Lane so that you understand the options you have within an annuity since they can in many ways be great for taking advantage of tax-deferred growth if the costs aren't too much.

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