Are you stuck in an old variable annuity paying 3% to 4% in annual fees, and you want to roll your money over to a cheaper contract? Before you initiate the transfer, you need to know that your application might actually get rejected!

In this video, Shawn Plummer from The Annuity Expert answers whether you can replace an annuity simply to lower your fees. The straightforward answer? No, lowering fees is usually not a good enough excuse for an insurance company to approve the transfer! Shawn gives a candid breakdown of how a carrier's "Suitability Team" evaluates your rollover. Their job is to ensure you are entering a mathematically and structurally better position.

If you want to escape high fees, Shawn reveals the exact arguments you need to use to get your transfer approved. He explains how to frame your replacement around gaining  ...