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This annuity is absolutely gross. I retired in "05. In "06 I was eligible to take out some of my money to pay off outstanding debt and found that I had to give back 15% in surrender charges. Also if I wanted to swift my monies to another company I would have to surrender another $31K just to leave this Allianz. If I stay I have to set up an annuity payment based on 10 year plan of monthly, semi-annually or annually. Therefore, I don't have free control of my monies. Do you know who has a class action lawsuit against this company? Please let me know ASAP.
By sheila rowe
