Posted in Recent Posts

Why an insurance company is wrong for your 401(k) plan

As a 401(k) investor, you want the best option available for your retirement savings.  Insurance companies are not that option, period.  In 1974, Congress passed ERISA, the Employee Retirement Income Security Act , intending to establish guidelines to be followed by any parties of interest, creating standards for retirement, health, and pension plans.  Insurance…

Continue Reading...
Posted in Recent Posts

Principal Bank… Core of Corruption?

Principal Bank was likely a key player in defrauding investors of 401(k) plan funds during the mid-2000’s… but how does an insurance company launder your money?  Actually, it is pretty simple.  First, an insurance company needs a bank.  Principal actually owns their own bank,  Principal Bank, as described in the following…

Continue Reading...
Posted in Recent Posts

Lobbyists and your 401(k)

Missing the forest for the trees…. Many of us cannot see the forest for the trees.  We focus on the details to the extent we fail to recognize the whole, and it’s impact on our future.  A strong point can be made for the fact that past events can predict…

Continue Reading...