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AIG Annuities

Kim of Madison, MS October 29, 2009

I've tried to retrieve my mother Annuity Acct from AIG, but to no avial, the 800 number is a total joke, and you can't leave message. She is 76 with Alzehiemier disease, who's been denied Medicaid assistance because "too much assets", that I can't get my hands on. Her Adult Day care is getting more expensive and I have other obligations. Moma thought she was saving for a day like this, but it a shame, you trust these companies to invest for you, only for them to get richer off of your money

Richard of Highland, IN August 7, 2009

AIG had a 20 to 1 reverse stock split and i was not notified untill after it happened. Also, My partial share that was left was paid to me in cash at the lowest possible price that AIG stock was at.

I lost close to 10,000 dollars of this and I am sure many other people were affected by this.

andrea of scarsdale, NY July 18, 2009

I have 2 annuties with AIG. I have been trying to retrieve 130,000 dollars from one of the annuties since December 2008 to no avail. I have contacted the company over 6 times each time given an excuse why the check was not received and then told everything was in order. I have still not received my check (I haven't even tried to retrieve the other 120,000 dollars in another annuity. What is the next step. Should I hire an attorney, do I file a complaint and if so with who? I need my money!!

Kim of Bowling Green, KY May 13, 2009

I have been calling AIG for two mos. asking for them to mail or fax an annuity cash surrender form. They tell me it's on the way or that they have faxed it and it must not be getting through. I need this money that's been in this annuity for fourteen years for surgery in two mos. I found the surrender form on-line. I plan on mailing it and keeping a copy. If I don't receive the money in two weeks, I will take it to the BBB.

Glenn of Chandler, AZ April 4, 2009

Glenn of Chandler AZ (04/04/09)
I arranged to buy a different annuity and started paperwork on that well before my annuity matured on 2/27/2009. Despite that, I am still awaiting the funds to transfer as of today (4/4/2009). My agent for and I got them what they requested, but they appear to be intentionally stalling to gain the interest that should instead go to me while the funds are in abeyance.

Potential loss of interest and rate I had locked in with the new annuity.

Jimmy of Lake City, TN March 19, 2009

Jimmy of Lake City TN (03/19/09)
A.I.G has had court order to release funds to me Since jul8,08They have used stall, back & forth mail that could have handled in one letter. I'm told this is normal handling proceedure. In the mean time they have contniued to invest againt my wishes losing even more. This is unethical & I want to find out if even with-in the law. I would like to get others with the problem to attemt class action law suit

Aig has lost ofer 50% of my meager retirement. More than that of X-wifes While going on as buisness as usual. Mage temp Govenment take over is the answer

Deborah of Brooklyn, NY March 16, 2009

Deborah of Brooklyn NY (03/16/09)
I am in the process of withdrawing my money from First Sun America (AIG Annuity). However, they have done everything in their power to prolong mailing the funds. They have changed the date they recieved my withdrawal application to a later date in addition to adding an additional 5 days to the application process.

Basically, I need my money ASAP.

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