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URL:  http://boards.fool.com/ltlti-hope-this-helps-explain-it-even-though-11730573.aspx

Subject:  Re: annuities inside a 401K? Date:  12/30/1999  8:17 PM
Author:  melson Number:  17122 of 75378

<<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?

Thanks,
Tish


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