No. of Recommendations: 0
<<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?


Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.