What is the basic structure of a 401k?
FAQ Topics:
Key Phrases:
- Read more about What is the basic structure of a 401k?
- Log in to post comments
Capital
Accumulated assets.
What is a traditional IRA?
FAQ Topics:
Key Phrases:
- Read more about What is a traditional IRA?
- Log in to post comments
SEC Files Administrative Complaint Against Annuities Firm Prime Capital Services, Inc
The Securities and Exchange Commission (SEC) has filed an administrative complaint against the New York based annuities firm Prime Capital Services, Inc and its parent company Gilman Ciocia. The SEC claims that Prime Capital Services lured-in elderly investors in Florida with free lunch seminars. The firm allegedly sold unsuitable variable annuities to the elderly investors: The sales pitches, the SEC claims, concealed high costs, lock-in costs and made "material misrepresentations and...
Glossary:
Key Phrases:
Glossary:
Is it Time for a Paradigm Shift to Life-Cycle Investing?
...
Glossary:
Key Phrases Autotag:
A.M. Best Report Suggests Light at the End of the Tunnel for Life and Annuity Companies
Insurance Company rating agency A.M. Best released a report on the state of the industry for life and annuity insurance companies. The report is somewhat optimistic given the carnage the industry has experienced over the past year or so. The industry as a whole managed to eke out a small amount of net income --$91.5 million--for 2008. However, capital losses for 2008 reached $19.6 billion. Companies such as Allstate Corporation and The Hartford Financial Services have been hit hardest. However...
Key Phrases:
Key Phrases:
Key Phrases:
