Subject: File Number S7-07-18: Stop financial advisers from sapping Americans' retirement savings
From: George Jutras

Jun. 20, 2018

Jun 20, 2018

Securities and Exchange Commission

To the and Exchange Commission,

I am someone who was led to believe purchasing a deferred annuity, and
not a qualified longevity annuity contract, at the age of 69 was good
for me. Only after I reviewed the contract and learned about QLAC's did
I become aware of how it was not in my best interest. This really upset
me but it's too late for me to get out of the contract because of the

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.


Mr. George Jutras