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Just read the Fool's analysis of annuities. Guess what? I have annuities by way of my State of Florida Deferred Compensation Plan. Is it obvious I work for the State? Well, I'm 30 now and have been contributing for a few years but am now wondering if I should put my $ to work elsewhere. Unfortunately, the only investment vehicle made available to me by my employer is the D.C. Plan. Of course, if I stay 30 years, I get a full pension of 48% of my final 5 year average salary 'til I'm dead. That pension would kick in at age 53 in my case. Am I able to kick the DC cash into an IRA or something while employed? After employment? All I know now is that the only way I get the cash payout is to quit or retire. Just not sure what direcion to take on this baby. Later...
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