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<<Recently a representative from my mother's bank approached her to have her money switched from a money account into an annuity. She fears taking that advice..>>

As others have said, she fears very appropriately. I would report the salesman and the bank to your state banking comission/ attorney general. Naw, it isn't a crime but it should be. It is said to see banks hawking unneeded products to vulnerable people like penny stock promoting cold callers.
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