https://media.blubrry.com/invest/p/content.blubrry.com/invest/Group_Annuity_Policies_An_Expensive_Way_to_Invest_May_2015_Podcast.mp3Subscribe: Android | RSSAt Mullooly Asset Management, we help a lot of individuals manage their retirement accounts at work. The type of retirement account doesn’t matter (401k, 403b, or 457), we advise individuals on how to allocate their retirement savings within these plans. Sometimes, we review a client’s employer sponsored plan and it seems to be… [Read More] Group Annuity Products: An Expensive Way to Invest
annuities
High Interest Annuities May Not Work How You Think They Do
https://media.blubrry.com/invest/p/content.blubrry.com/invest/High_Interest_Annuities_Might_Not_Work_How_You_Think_They_Do_December_2014_Podcast.mp3Subscribe: Android | RSSOver the years we’ve fielded calls from people asking us different variations of this question: “I was offered an 8% guaranteed annuity by my insurance guy and wondered what you thought?”. That’s why Tom and Brendan decided to discuss high interest annuities on this week’s Mullooly Asset Management podcast. These products may… [Read More] High Interest Annuities May Not Work How You Think They Do
Brokers are Not Fiduciaries
You’ve probably heard or read us talk about the fiduciary standard we have to our clients here at Mullooly Asset Management. I read an article from the New York Times over the weekend that echoed a lot of the same sentiments we typically share here on the site. The article begins by telling the story… [Read More] Brokers are Not Fiduciaries
The Importance of Knowing What You Own
Know What You Own Video We recently had a client get in touch with us here at Mullooly Asset. They had an IRA elsewhere that “wasn’t doing anything” and wanted us to begin managing it for them. So we reviewed their account and found out more regarding their situation. This individual left a job in… [Read More] The Importance of Knowing What You Own
Things to Remember about Most Annuity Guarantees
Non Spouse Beneficiary IRA Video A lot of investors who have been sold annuities believe that it doesn’t matter what happens in the market because they’ve been guaranteed a specific rate of return. When it comes to the guarantees of most deferred annuities there are a couple of things you should keep in mind. There… [Read More] Things to Remember about Most Annuity Guarantees
Longevity Annuities in Retirement Plans
https://media.blubrry.com/invest/p/content.blubrry.com/invest/Longevity_Annuities_in_Retirement_Plans_July_2014_Podcast.mp3Subscribe: Android | RSSThe Treasury Department released a report this week announcing that investors will now be able to purchase longevity annuities within their retirement plans. By retirement plans they mean 401k’s, IRA’s, and 403b’s. On this week’s podcast, Tom and Brendan discuss what a longevity annuity is and the pros and cons of purchasing… [Read More] Longevity Annuities in Retirement Plans