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Group Annuities May Be Inappropriate for 401(k)s
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Money Management Executive
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July 02, 2009
Advisers to 401(k) plans recently have revisited the wisdom of offering annuities, in light of last yearâ??s severe market downturn. But group annuities are being criticized for subjecting investors to lockup periods of five years or longer and a variety of additional fees. Group annuity contracts a...
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