Dear John Chapman,

Dear John Chapman,

Can I sue my financial advisor

for variable annuity contracts?

-Mad in Memphis

Dear Mad,

Variable annuities are complicated, expensive products that do not provide a greater benefit than traditional mutual fund investing for most individuals. Further, they are rarely suitable for IRAs. If you were pressured into buying an annuity you didn’t want or need, you may have a case.

Sincerely,
John Chapman

John S. Chapman

If you have a question for John Chapman, please email it to
dearjohn@johnschapman.com

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