Can I transfer my annuity to another financial institution?

Yes, it is possible to transfer your annuity to another financial institution. However, the process and terms may vary depending on the specific annuity contract you hold with Prudential. Generally, annuity transfers are allowed, but there could be surrender charges, fees, or taxation implications involved. To initiate a transfer, you will need to contact the new financial institution where you wish to move your annuity and follow their specific procedures. Additionally, it is advisable to thoroughly review the terms and conditions of the new annuity and consider consulting a financial advisor to ensure the transfer aligns with your long-term financial goals. Prudential's customer support representatives can provide further guidance and clarification on the transfer process based on your annuity contract.