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Investing/Strategies / Retirement Investing
|Subject: Re: annuities inside a 401K?||Date: 12/30/1999 8:17 PM|
|Author: melson||Number: 17122 of 76594|
<<I hope this helps explain it. Even though there really is no justifiable explanation in my view.>>
Bill, Thanks for the explanation; you've confirmed my suspicions. Red flags started going up as I was looking through the insurance company's (Prudential) literature. The fact that the plan is in variable annuities is not clearly spelled out - instead it is referred to as "variable investments".
My husband works for a smallish company. Is this type of plan cheaper for the employer to administer compared to a 401k offering mutual funds?
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