Anti-Annuity Sentiment Boils Over Before DOL Hearings
Sep. 14 2010 - 9:12 am
Notice they don’t breathe the word “annuity.” The U.S. Labor Department and the U.S. Treasury Department are holding hearings today and tomorrow on how to annuitize, that is how to get a lifetime of income, from your 401(k) or IRA, entitled: “Hearing on Certain Issues Relating to Lifetime Income Options for Participants and Beneficiaries in Retirement Plans.”
We now hold the House. After Nov 2012, we will hold the Senate and Presidency unless the RINOs prevail. A fix is in sight. Next step would be federal prosecution of the DC Entitlement Class.