Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, i our all of my 401.k savings plus an inherited IRA and 2 Coverdell accounts with my advisor (Schwab). After my situation changed, I called my advisor to discuss protecting my assets and preserving some of fins for long term care. He told me his job wasn't to protect my assets it was to make money and suggested I "google" long term care annuities. He would not provide any advice other than to maximize his fees. He didn't protect me, serve me as requested....so I am leaving him and putting money elsewhere. Without protection for other (especially elder Americans) these guys can use and lose their hard earned savings. I'm counting on you to make a stronger rule that closes the loophole. Americans who've worked hard to save for retirement deserve peace of mind about their financial security. Sincerely, Ms. Judy Blair