Msg. 49192 of 65535 (This msg. is a reply to
49183 by
DGpeddler)
Jump:
DGPeddler> It came from Fedelity and is smaller than last months check which came from someone else. Fedelity riped me off on my 401k.
Hmmmmmm . . .
My employers were trying to sell us . . . and rather
than putting our pension plan where someone else
might steal the money, they liquidated it.
I was thinking about taking the lump sum, and
re-investing it in Fidelity mutual funds. Sounds
like maybe taking the 'immediate annuity' was
a better choice.
(Even though my retirement is actually still a few
years off {at the least . . with obamba it might
be longer} . . . I took the annuity and am re-
investing the moneys to give me another retirement
check.)
Anybody got any good horror stories regarding
fidelity?
Zim.
P.S. My employers pension fund was overfunded.
Sometime next year we should find out by how
much . . and, hopefully, my annuity check will
get a little bigger.
ribit, AT&T cell phone service is not too good here, or so I have been told. AT&T has an office about 10 miles from here with a tower that is very tall. I once suggested that they put up and antenna on the tower and connect it to the equipment in the office. It never happened. Surprise, surprise. BTW, my pension check came today. It came from Fedelity and is smaller than last months check which came from someone else. Fedelity riped me off on my 401k. Now I guess they will rip me off on my pension.
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