The Irony Isn’t Lost
June 20, 2014 by Lloyd Lofton
The debate in the market place for years is should retiree’s put their retirement funds in an annuity or in the marketplace? The arguments for not putting money in an annuity, using a company 401(k) market fund to “grow” the asset to ensure a hedge against inflation and of course avoid what is presented as those pesky high fees that are said to accompany an annuity.
More and more we are now reading of horror stories of retirees suffering as their 401(k) rollover enriches brokers while leaving the consumer with less and less of their original balance.
Originally Posted at LifeHealthPro on June 20, 2014 by Lloyd Lofton.
Categories: Industry Articles
