Old 12-19-2017, 08:30 AM
  #101  
skypig
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Joined APC: Apr 2008
Position: 11 Left Side
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Originally Posted by FoxHunter View Post
You have to read this book to start to understand.
Retirement Heist
https://www.amazon.com/Retirement-He.../dp/1591843332

Agreed, this is an eye opener. Very good read and there are some definate similarities between what the company's (who have greatly benefitted from these retirement plan 'modernizations') advisers/actuaries maintain and what we are hearing from the MEC advocates of this VB deal.

The cruel twist is, the VB advocates are our guys...and the lack of willingness on thier part to be completely open about the numbers, especially the evasive floor concept, is bordering on dishonesty. Maybe I'm wrong, maybe they just don't have any idea yet and don't want to admit that...
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