Recent Posts
Protected: Is your 401k under a withdrawal restriction right now?
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Protected: Judges lie to protect the guilty…
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Protected: Three Coconut Creek properties involved in possible securities fraud…
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Protected: SEC tells Wells Fargo to stop cheating 401k investors
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Protected: Is Principal Financial a 401k Plan Fiduciary?
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Protected: Did Principal rip off their own employees… again??
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Protected: What happens when a judge lies?
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Protected: Hedge Funds and your 401(k) portfolio
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Protected: David J. Hastings v. Principal Life Insurance Company, etal
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Protected: Annuities and your 401k
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Protected: Self Dealing your 401k… Principal-owned companies
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Protected: Phantom stock… a new way to steal from 401k investors?
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Protected: “De-risking” Hedge Funds and your 401k
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Protected: Annuities & hedge funds, and your 401k
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Protected: Hedge Funds vs. Private Equity… 401k investing at it’s worst.
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Protected: Vetting Your 401k Plan
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Protected: Principal Life Insurance Company… just say NO!!
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Protected: Principal Bank a Shadow Bank?… is the bank legitimate?
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Protected: The 401k Dilemma… Win or lose?
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Protected: Financial Corruption in the 401k Marketplace
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Protected: Principal’s Zero Risk and Your 401k Plan
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Protected: Pooled Separate Accounts… playing by the rules!
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Protected: Principal, China and your401k… The Perfect Storm (Part 2 of 2)
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Protected: Principal Financial… higher 401k fees are good??
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Protected: The Brave New World of Best Interest…
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Protected: Is your 401(k) a Retirement Ripoff?
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Protected: How Insurance Companies Can Steal Your 401k Money…
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Protected: Portales Corporate loses $66Million for Investors..
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Protected: Separate Account vs. Pooled Separate Account… what is the difference?
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Protected: “Actual Knowledge” & your 401k Plan
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Protected: Principal Fixed Income Option… Appellate Court rules Principal a Fiduciary..
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Protected: 401k Plan Assets…who wins?
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Protected: A Variable Annuity…What is it?
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Protected: Selecting a 401k Service Provider…
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Protected: About the Author…Dennis Myhre, AIC
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Protected: Principal Financial offers Pooled Employer Plans
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Protected: Try Yelping Principal Financial and protect your savings…
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Protected: Exchange-Traded Products & your Self-Directed IRA…. Risky Business!
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Protected: If you own a self-directed IRA… buyer beware!
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Protected: Principal Life steals from investors, gets caught!
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Protected: Principal Financial Services… The Company from HELL!
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Protected: Understanding your Pooled Separate Account Annuity
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Protected: Off-Balance Sheet Debt…deceiving 401k investors
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Protected: Is Principal Life Hoarding Cash?
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Protected: Are you a “clueless” 401k investor?
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Protected: Building your 401k nest egg…
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Protected: The truth about 401k pooled separate accounts…
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Protected: Principal Life… your 401k Ship of Dreams?
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Protected: Crimes against 401k investors by the Principal Group of Companies… Part 1
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Protected: The 401k Variable Annuity… Stupid is as Stupid does….
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Protected: Publicly traded vs. Private Equity… how your 401k is impacted
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Protected: Principal Life Rips Off 401k Investors…
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Protected: The truth behind your 401k plan…
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Protected: Principal’s Year Over Year revenue growth… was it fraud?
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Protected: Principal 401k Variable Annuities… Buyer Beware!
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Protected: 1412 Broadway… A classic example of Mortgage Assignment fraud
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Protected: 401k rights of investors stripped by the DOL… is a fox in the hen-house?
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Protected: Why is the U.S. Department of Labor lying to investors?
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Protected: Standing down in the face of disaster… the DOL and SEC.
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Protected: Is Principal’s crime spree finally over? (Part 3 of 3)
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Protected: Is Principal’s crime spree finally over? (Part 2 of 3)
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Protected: Is Principal’s crime spree finally over? (Part 1 of 3)
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Protected: Is Your Boss a Fiduciary?
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Protected: Will COVID-19 kill your 401k?
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Protected: Principal Financial Group (PFG)… are their shares crashing?
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Protected: The CARES Act & your 401k Annuity…
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Protected: Principal’s SimpleInvest… will fees destroy your gains?
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Protected: Short Selling your 401k Plan in today’s crisis…
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Protected: Your 401(k) is crashing… what to do next?
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Protected: Principal’s “Buy-Back” of PFG stock… will it impact your 401(k)?
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Protected: Share Classes… the true cost of 401k fees…
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Protected: “Why is my Wells Fargo 401k not growing?”
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Protected: The Wells Fargo market surge… is it a Trojan Horse?
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Protected: What is a 401k Pooled Separate Account?
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Protected: The SECURE Act… Good, Bad, and Ugly?
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Protected: Wall Street vs. Main Street…The SECURE Act
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Protected: The SECURE Act… legalizing 401k fraud
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Protected: FIRE… “Financially Independent, Retire Early”
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Protected: Principal SimpleInvest… Read the Disclosures!
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Protected: What is a 401k Pooled Separate Account?
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Protected: Insurance companies “own” regulators…
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Protected: A Culture of Corruption
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Protected: Scandal Hits Principal… Hanrahan Arrested
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Protected: Is the Office of the Comptroller of the Currency doing it’s job?
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Protected: Did Principal engage in “reckless disregard…”
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Protected: What happened to Princor Financial Services, Inc.?
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Protected: Principal Bank … Still defrauding investors
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Protected: How Principal stole billions from 401k investors
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Protected: Non-GAAP Accounting & Shadow Banking… a lethal mix for your 401k!
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Protected: Non-GAAP …aka fake accounting
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Protected: Shadow Banking… A Case Study in Crime and Corruption, Part 2
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Protected: Shadow Banking… A Case Study in Crime and Corruption
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Protected: FinCEN… protecting your 401k plan assets?
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Protected: Investing in your Pooled Separate Account
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Protected: Seeking Alpha in your 401k Plan…
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Protected: Non-GAAP, the hidden danger lurking in your 401k Plan…
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Protected: Non-GAAP reporting…is Principal faking your 401k profits?
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Protected: CCB Principal… How China will destroy your 401k
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Protected: Is Principal Financial Group the next Enron?
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Protected: Why your 401k Service Provider is important…
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Protected: Principal… a Benchmark for Crime and Corruption
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Protected: Keller Rohrback… a history of bad legal advice?
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Protected: Defining your Principal 401k Group Variable Annuity Contract
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Protected: “Social Responsibility…” Battle of the Titans….
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Protected: The Group Variable Annuity…Understanding your 401k
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Protected: Principal Financial 401k… Win or Lose?
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Protected: The next recession… coming soon to your 401k savings.
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Protected: Will China nationalize Principal’s owned assets?
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Protected: Corrupt 401(k) Annuities… selling annuities to 401(k) plans
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Protected: Is your 401k savings a “Black Hole?”
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Protected: Shadow Banking and your Principal Life 401k Plan…
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Protected: What is the future for your 401k Plan?
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Protected: Money Laundering 401k Annuities… Part 2 of 2
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Protected: Money Laundering 401k Annuities… Part 1 of 2
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Protected: With SEC Regulation Best Interest… Fiduciary is Dead!
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Protected: The SEC Regulation Best Interest… A Pitfall for 401k investors?
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Protected: Wells Fargo Fake Accounts and Illegals?
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Protected: The Variable Annuity, Fair Value, and your 401k
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Protected: Principal Life stole billions… will it happen again?
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Protected: The SECURE Act… the insurance industry takes control of your 401k
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Protected: Principal takes over your Wells Fargo 401k… the Good, Bad, and Ugly
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Protected: Principal acquires Wells Fargo 401k accounts… what’s next?
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Protected: What Principal’s Cease-and-Desist means for your 401k…
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Protected: Principal Financial ordered to Cease-and-Desist by the SEC
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Protected: Principal/Wells Fargo 401k buyout…. Winners and Losers
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Protected: Did Principal Bank & Wells Fargo steal from 401k investors?
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Protected: Are Your 401(k) Plan Assets Safe?
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Protected: Is Principal’s “House of Cards” the next Bernie Madoff?
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Protected: Real Estate Investing and Your 401(k)
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Protected: Short Sales & Securities Lending… Ripping off 401(k) Investors!
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Protected: Exposing Corruption in Principal 401(k) Pooled Separate Accounts
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Protected: Principal’s “Terms of Service…”
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Protected: The Retirement Gamble… a new perspective?
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Protected: Moral Decay… can divesting funds end 401(k) corruption?
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Protected: Commercial real estate fraud and your 401(k)….
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Protected: Due Diligence definition for the 401(k) investor
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Protected: Fraudulent Lending in the 401k Industry… 1250 Wigwam Parkway
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Protected: ERISA Section 404(c)… A License to Lie…
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Protected: Investment Fraud… A 401k nightmare?
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Protected: Anderson v. Principal Life Insurance Company… $11 million settlement
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Protected: Researching The Principal U.S. Property Separate Account
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Protected: What is an Insurance Company Pooled Separate Account?
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When kidnapping is not kidnapping…. part 2
In part 1 of this 2 part series entitled “When kidnapping is not kidnapping…. I described a reported crime in Des Moines, IA, where a crime of kidnapping a teenager at gunpoint committed by a Principal Managing Director was ruled by a District Court Judge to be a deferred judgment…
DOL baits 401k investors to buy ESG
Once again the Department of Labor(DOL) is fighting for the right of ESG fraudsters to rip off your 401k plan! Recently, the DOL announced they were prioritizing Environmental, Social, and Goverance (ESG) investing to enhance education on ESG factors. Not long ago, your employer was prohibited from adding ESG investments to your 401k portfolio due to predominent flaws in the investment protocol… virtually any investment property owner could declare their marketed investment as an ESG fund, overstating the market value for the investment,as well as the risk involved. Most ESG brokers make off like a bandit, ripping off investors of billions of hard earned dollars. Soon insurance companies bought into the scam, and all Hell broke loose in the investment world, forcing the DOL to prohibit the purchase of ESG for all the right reasons.
Assistant Secretary of Labor Lisa Gomez seems to think she can “educate” the public so 401k plans can once again “take advantage” of investment opportunities, supposedly for workers looking to add sustainability in their investments. Lisa M. Gomez was sworn in as Assistant Secretary for Employee Benefits Security on October 11, 2022. The ESG rule was finalized in November. Since it’s finalization, it has faced a series of pushbacks and political constraints in order to protect investors and to prevent the bastardization of your 401k. It appears Ms Gomez has other ideas, however, since it is her view that ESG is an “investment opportunity.”
Plaid… is it Safe?
Millions of investors and other financially astute individuals have added “Plaid” to their cell phones… is it safe? I had never heard of Plaid until recently when I tried to link my personal checking account to a Citibank Savings accent I had recently opened. Citibank was offering a very attractive…
Predicting growth of your 401k
We are exposed to algorithms daily… Netflix uses them when recommending movies, and Google recommends choices on their search engines based on algorithms. Predicting outcomes when making financial decisions rely on algorithms as well, so why not use them to when predicting growth in your 401k plan? The Principal Group…
Are you entering an apocalypse with your 401k savings?
For the past twelve years I have been preaching a pending disaster for the 401k system. When President Biden signed off on the SECURE2 Act recently, doing so has started a firestorm of activity in the 401k market that will literally consume your savings within a very short time. I…
The DOL… Stupid AND Corrupt?
Ok, I admit, the Department of Labor has a heavy task keeping insurance companies like Principal Life Insurance Company from ripping off their own 401k clients… but one really has to wonder…. is the Department of Labor corrupt or are they simply stupid people? This headline appeared in the November…
Private Equity…Vetting Your 401k (1)
Today, more than ever in the past, private equity is gaining a strong foothold in pension and 401k plans. In 2019, roughly $3.9 trillion in assets were held by private equity firms, and that was up over 12% from the prior year. Private equity fell off a cliff in 2020,…
Private Equity… Vetting Your 401k Plan (2)
We have all heard the phrase, “Too many Chiefs and not enough Indians.” And often you were told that you own your 401k plan. The regulators tell you so for the reason is that it is called a self-directed plan, meaning you can freely make your own investment choices. Unfortunately,…
What is your retirement life worth?
I have been publishing the fiduciaryfactor.com website for over a decade, 12 years to be exact. I was forced to retire when I was 66 years of age because Principal refused to release my wife and my retirement funds unless we both quit our jobs. The variable annuity we unknowingly…
Why are you paying for Union pensions…
Ok, I get it… Biden got tight with the unions sick leave issues and is trying to make it better, but PERHAPS this is a bit of overkill? He signed into law a Grant (apparently perpetual) guaranteeing that union pension funds are now “guaranteed” for decades to come. No-one really…