Message Font: Serif | Sans-Serif
No. of Recommendations: 0
The plan is actually called a SAR SEP. I really don't know what that means but the net of it is that the money is tax-deferred and unmatched by the employer. The plan has not provided any prospectus documentation as to what my wife's options are. The Merrill Lynch financial consultant that deals with my wife's employer simply gave a list of funds to invest in, "Here, invest in these. Okay?" I wasn't keen on that. I'd rather do some homework and tell him what to invest in. Besides, the funds he provided were underperformers and very fee-ridden.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.