'We now realize what a horrible mistake this was.' Almost 10 years ago, we bought three $100K annuities that guaranteed 5%. Now we want out. What's the move?

Contributing sentiments towards policy:

55% : Once your contracts are out of surrender, meaning you can leave without incurring any penalties for early withdrawal, consider initiating a custodial transfer to a new IRA so you don't incur tax consequences," says certified financial planner Marguerita Cheng at Blue Ocean Global Wealth.

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