Did you purchase an annuity years ago, turn on your lifetime income, and now realize your monthly payouts are lower than what today's market offers? You might be wondering if you are permanently stuck in that contract.

In this video, Shawn Plummer from The Annuity Expert answers whether you can replace an annuity after you have already started taking lifetime withdrawals. The good news is: Yes, you can! (As long as you haven't permanently "annuitized" the contract).

Shawn explains why annuities purchased in lower interest rate environments (like pre-2020) are often prime candidates for a 1035 exchange. He reveals how you can use a Bonus Annuity to completely offset any lingering surrender charges, allowing you to upgrade to a modern contract that pays a much higher guaranteed lifetime income.

📊 Stress test your current policy!  ...