Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Honestly, I may have confused what my agent said about the Roth versus non-Roth aspect of this rollover to an IRA in my wife's name. So from what I gather, there is no way to take any of my 401-k (Roth or non-Roth), and somehow get it into a new IR…
OK...I'm starting to see the light. So what's my best option if I want to roll over into a self-directed IRA? My agent also recommended that I take some of the money from my Roth 401-k and roll it (a total of 10k for 2011 & 2012) into a new IR…
The pitch is that with life expectancy going UP, the guaranteed minumum rate will go DOWN since the policy will have to pay out over more years. So I locked in a rate 20 years ago when life expectancy was shorter than it is today (and I need to che…
I can certainly take my time deciding on whether or not I want to roll over my money. But msf, why do 98% of annuity owners NOT annuitize? Why pay the extra fees...isn't the point of the annuity to give you a guaranteed income, much like the pensi…
You've got the correct prospectus msf...and thanks for going through all the numbers!
So you're saying that with some investment houses (WellsF), you can move your money around different families of funds without a charge? The pitch to me was th…
I appreciate your insight BobC. But if I pay the sales load up front, then shouldn't I have access to my money at any point? And how do I compare all of the fees within the annuity, including the hidden ones, versus a self directed IRA? The promo…
Thanks for the thorough review Catch. I am rolling over my 401-k from my former employer, which includes 60k of Roth money, and 140k non-Roth.
Let's tackle the Roth portion of my question first. My new employer does not offer a Roth 401-k, so I…
Thanks for all of your advice. I guess I'm a pretty conservative investor, that doesn't want to lose half of my portfolio like some near-retirees invested in the market about 4 or 5 years ago. And I've often heard that it's a good idea to get your…
