Redundant Fees Destroy 403(b) Retirement Assets

Redundant Fees Destroy 403(b) Retirement Assets: What the Insurance Companies Do
Not Want You to Know
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California couple sues VALIC over its annuity sales practices

A California couple has filed suit against The Variable Annuity Life Insurance Co., an American International Group Inc. subsidiary, claiming that the company's sales agents misled investors about the tax advantages of using variable annuities in qualified retirement plans.

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The Unloved Annuity Gets a Hug From Obama

Annuities: The official retirement vehicle of the Obama administration.

As slogans go, it’s hardly “Keep Hope Alive,” or even “Change We Can Believe In.”

But there were annuities, in a report from the administration’s Middle Class Task Force that came out this week. They are among the tools the administration is promoting as it tries to give Americans a better shot at a more secure retirement.

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2010: The Year of the Renter?

SCORES of stalled construction projects can be found scattered around New York City, but one category of building that doesn’t seem to have been sidetracked by the recession is the luxury apartment rental.

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