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Actually the problem is that for the past 30 years the money has been going into a 401k in the market that reported $2Trillion was lost from such accounts.
A year ago with my wife's 401k account we started making her contribution only that which would equal her company's matching amount. We took additional money each pay period and placed it into a Roth IRA. We did this for several reasons. First, of the more than 14,000 mutual funds available, her company provided her 32...more
As is all too often the case, the author went to an investment advisor who is probably not a licensed insurance producer to gain an opinion on an insurance product - an annuity. This is the equivalent of asking a Chevy sales person if you should purchase a Ford. Yes, one specific type of annuity, a variable annuity, do...more
4/4/2012
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