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I have a co-worker with a large annuity (about 99k). I assume that this came from an inheritance. I don't know anything about annuities, beyond that they have high fees and are less flexible than self directed brokage accounts.

Would she need to hire a lawyer to get the money out of the annuity? Would she end up losing a alot of the money in early withdrawl fees?

Perhaps the best course of action is to do her best to invest wisely inside the annuity until she retires (currently in her early thirties).


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