Dirty Little 401(k) Secrets Revealed

annuity rates | compare annuitiesFor followers of the Annuity Think Tank blog, you most likely know are feeling on the current defined contribution 401(k) plans – that they usually fall well short of their owner’s retirement objectives.  They are 100% taxable (so that $1 million 401(k) is really only approximately $750,000 – assuming that taxes don’t increase significantly to pay for our out of control debt), there are many hidden fees that are currently not disclosed well, and most importantly, a 401(k) can NOT contractually guarantee lifetime income.

 

We found a great piece called “Dirty Little 401(k) Secrets: What Every Participant Needs to Know” that really hammers 401(k) pitfalls and shortcomings.  This is a piece that every consumer not fortunate enough to have a pension needs to read.  The paper features six 401(k) secrets that few in this country are actually aware of.  A big thanks to Verna Corriveau-Schoen of Robertson Wealth Management for the great piece.

 

Click the link to download the full 10 page PDF – Dirty Little 401(k) Secrets

 

dirty 401k secrets

 

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