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I have a annuity with Harford and it is under 100.000. It is invested in three differant stocks. I have noticed that the amount I receive every month is getting smaller and smaller. I cannot remove my money since I signed up for this monthly annuity 2years ago. I am 63 and I am on SS Disability,I would appreciate any information you can give me on this situation. I live like so many on a very limited income level. I also would like to know if I can change my stocks and what type of stocks are the best to invest in now, with the market situation in such a crisis. I have been thinking Nike, GE, Dell???? Thank You, P. Phillips
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(10/13/08):
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Something is wrong with this question. You can't invest directly in stocks with a Hartford Annuity. You have to go through a fund or a manager. But there are similar products where you can. Perhaps a self directed IRA for example.
I have several annuities, but not a Hartford one so I don't know the exact rules they have on switches. On the one hand you can expect your money to get even smaller in the near term and on the other it is hard if they charg...
I have several annuities, but not a Hartford one so I don't know the exact rules they have on switches. On the one hand you can expect your money to get even smaller in the near term and on the other it is hard if they charg...
Answer Date: 11:39am 10/05/08
