I am a young teacher and was approached by ING to help set up an additional retirement fund for myself. Time has gone by and I was not satisfied by the lack of communication they provided. I talked with a new firm and they told me how I was actually loosing money because of the advice I had taken by ING.
Now I am trying to close out the account and withdrawl my money because I am facing possible foreclosure. I need that money, MY money, to help pay some debts, including for my house. After talking to them tonight, they will only give me 20% of my balance per year to help with hardship problems (that include possible foreclosure). To get my $2,500 back, it would take me almost 5 years!
This is ridiculous and a scam! I need that money and can't get it. Does anyone know if there is some type of legal action I can take? Has this happened to anyone else? PLEASE help me!
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