July 17, 2008
Security broker dealers have in the last 20 years have managed to completely screw-up most american savers and cost them billions of dollars out of their retirement plans.
Please leave the insurance industry alone and leave their annuity products the way they are. The individual states do a good job of regulating the insurance industry without the federal government getting into the act and forcing a bunch of new rules and regulations on them which would ultimately cost the public a lot of money. Like your old grandfather used to say,"if it ain't broke - don't fix it"
lISTEN TO HIM