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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75540  
Subject: Re: Any experience with ManuLife? Date: 12/12/2000 7:33 AM
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Greetings, AnakinSpice, and welcome. You wrote:

My new company has a relationship with someone called 'ManuLife'. Never heard of them and further investigation on the web turned up very little.

Many 401k plans contain options that are proprietary to the plan only, and are not open to the public at large. Therefore, their performance is not reported publicly or readily available. It sounds as if your plan uses that kind of plan.

I am thinking that I might just have to take the money that I would put to my 401(k) and put it in a new (maybe Vanguard) account that I open for myself – fully realizing that it is not going to be tax deferred, but most likely a better choice that paying out the wazoo for something that is less than palatable.

Just ensure you are getting the maximum possible match from your employer before you dump the plan. Even in a poor performer, the "free money" represents an immediate return on your money that's tough to beat in any other investment you may make.

Regards..Pixy
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