I am 25, a teacher, and am putting 300 a month into this plan. My financial advisor said this was the best plan (vs 403b and other options). I am a little concerned because I set this up in November and just now got the paperwork (after I had to request it.) Another thing that threw me off was the annuity date postws- December 2091.... When I'm 99 years old !!
I honestly have no idea what I'm doing and I want to know if this is the right choice.. or not. From what I understand I have access to my money at any time, minus the percentage they will take away... But how is this different from a regular savings? Also, I see that I will get a monthly income for life, 120 payments guaranteed... What happens after the 120 ?
http://imgur.com/is5sxoQ http://imgur.com/Q7cHcqp
Throw away because I feel so ignorant at the moment....
Submitted January 30, 2018 at 07:55PM by 1234throw_away http://ift.tt/2GxYboy
