http://iowaindependent.com/8611/principal-financial-group-puts-the-brakes-on-job-creation-deal Iowa politics, news, and commentary Sat, 07 Nov 2009 12:05:29 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://iowaindependent.com/8611/principal-financial-group-puts-the-brakes-on-job-creation-deal/comment-page-1#comment-20138 penny stocks Tue, 05 May 2009 21:18:21 +0000 http://iowaindependent.com/?p=8611#comment-20138 it seems not fair for the employee who leaves the company if he won't be bale to get his annuity. It's true that they can cash out the annuity, pay a penalty and transfer the cash to another 401 (k), but instead of getting more because of what you've earned or saved, the deduction is really huge..i lost $10k when I transfered my 401 (k). it seems not fair for the employee who leaves the company if he won't be bale to get his annuity. It's true that they can cash out the annuity, pay a penalty and transfer the cash to another 401 (k), but instead of getting more because of what you've earned or saved, the deduction is really huge..i lost $10k when I transfered my 401 (k).

]]> http://iowaindependent.com/8611/principal-financial-group-puts-the-brakes-on-job-creation-deal/comment-page-1#comment-16767 penny stocks Tue, 05 May 2009 19:18:21 +0000 http://iowaindependent.com/?p=8611#comment-16767 it seems not fair for the employee who leaves the company if he won't be bale to get his annuity. It's true that they can cash out the annuity, pay a penalty and transfer the cash to another 401 (k), but instead of getting more because of what you've earned or saved, the deduction is really huge..i lost $10k when I transfered my 401 (k). it seems not fair for the employee who leaves the company if he won't be bale to get his annuity. It's true that they can cash out the annuity, pay a penalty and transfer the cash to another 401 (k), but instead of getting more because of what you've earned or saved, the deduction is really huge..i lost $10k when I transfered my 401 (k).

]]> http://iowaindependent.com/8611/principal-financial-group-puts-the-brakes-on-job-creation-deal/comment-page-1#comment-16389 sharoncfejes Wed, 15 Apr 2009 06:01:43 +0000 http://iowaindependent.com/?p=8611#comment-16389 Lance Wallach, a Plainview, N.Y.-based financial planner, is concerned that executives may get locked into these annuity-type <a href="http://www.fidelity401k.net" rel="nofollow">fidelity 401k</a> investments. In addition, if the executive leaves the company, the annuity isn't portable. The executive would have to keep the annuity in the existing 401(k) plan in order to get lifetime income. However, the employee typically can cash out the annuity, pay a penalty and transfer the cash to another 401(k) or put it in an IRA rollover. Lance Wallach, a Plainview, N.Y.-based financial planner, is concerned that executives may get locked into these annuity-type fidelity 401k investments. In addition, if the executive leaves the company, the annuity isn't portable. The executive would have to keep the annuity in the existing 401(k) plan in order to get lifetime income. However, the employee typically can cash out the annuity, pay a penalty and transfer the cash to another 401(k) or put it in an IRA rollover.

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