Take a look at index annuities

Q: I went to a dinner recently hosted by someone who was trying to drum up interest in fixed index annuities. She said these kinds of annuities would allow me to benefit from the stock market’s upside while guaranteeing that I wouldn’t lose money if the market went down. It sounds too good to be true, but the products are offered by some very reputable insurance companies. What can you tell me about them?
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Inheriting a 401k

Inheriting a 401k

Q: My mother died earlier this year at the age of 69. She had been single for the past 25 years and had accumulated a significant amount of money in her company’s 401(k) plan. The 401(k) plan’s administrator says their plan requires that I take the money from the plan either in a lump sum or over the next five years. Which do you recommend?

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