The main topic in the last segment of this week’s show is ‘In-Service Withdrawals’. That is how you can transfer money out of an active 401k where you are employed and move it into an IRA Annuity for safety and growth. The majority of corporations will allow that these days. You can get a Summary Plan Description from your plan administrator to find out if your plan allows that and then I can help you make that move. If you have left the employment, it is just a transfer that is in your control.
We spend most of the time talking about the impending demise of the ‘market bubble’ that we are seeing today. Smart people in the markets and Wall Street are predicting that to happen as early as 2014. If it does, do you want to move your money into safety before the next crash or after? Your choice. Looking back, what would you have done in 2008? The problem today is that some people have made money in their stocks and bonds and mutual funds and Variable Annuities in recent months which is giving people a FALSE HOPE that that will continue. That just ain’t going to happen.
Headlines and business intelligence outside the Left Wing Nut Press and the District of Corruption are saying otherwise. Why 2014? Guess when the Obama Debacle starts full time? Yep. January 1st, 2014. That’s when everything hits your family budget, your wallet, your job, your stocks, your mutual funds, your employer, and on and on. Someone has to pay for this nonsense and it’s you and me!
My money is safe. Is yours? Tune in.