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Don’t Play Humpty Dumpty and sit on Wall Street with your qualified retirement plan! You may not have time to put it all back together again!

On Tuesday, October 20th, 1987 following a major stock market crash that was labeled Bloody Monday, USA Today revealed the losses by some individuals among them Sam Walton, who reportedly lost millions said, it’s only paper anyway. Sam Walton worth Billions could afford his position.

USA Today also contained a small paragraph on Robert Banas, Myrtle Beach SC, a postal worker who reportedly lost $400,000, his qualified retirement plan, his future paycheck, was gone with the wind. Robert Banas’ comment, I hope I can get some overtime so I can start all over.

Every few years the market robs retirees and those soon to retire. Robs them of their retirement incomes or their future paycheck!

Shelter the growth on your qualified retirement plan, your IRAs, 401Ks, SEP IRAs, etc., not only from the IRS, shelter your future paycheck from bankruptcies like Enron and from market losses with qualified retirement annuities.

A word of caution, the risky variable annuity does not provide the same element of safety and guarantees provided in traditional and equity indexed annuities.

The growth on your qualified retirement plans are sheltered (tax-deferred) from the IRS in mutual funds provided you have a gain. In qualified retirement annuities your gains (guaranteed gains) are sheltered not only from the IRS, your money and the growth on your money are sheltered from bankruptcies like Enron and market losses.

Today you can have Equity Indexed Annuities like El Toro Bravo or the Freedom Plus from American Equity of Des Moines, IA with an interest rate that is indexed or linked to US Stock Market Indices with gains that are credited annually, locked in and protected from market risk.

To learn more about Equity Indexed Annuities and how they can fit into your qualified retirement plans consult with an ANBC Certified Annuity Consultant.

Has the stock market got you down? All the way into the red? You can stop the bleeding! Consider a switch or a lateral move with a rollover to an Equity Indexed Annuity where you are likely to recover sooner with gains that are credited, locked in and protected on the way to recovery. You can position yourself to profit even during the next market decline. One thing certain, with guaranteed gains, you will never again have a loss.

For confidence and peace of mind consult with an ANBC Certified Annuity Consultant. It’s your money riding on the line!

 
 
For a personally recommended ANBC Certified Annuity Consultant near you click here for the Gateway To the Financial World or e-mail me, Paul J. Cross, at anbc@anbc.com.
 

For a printable copy of this article, please click here.

 
 

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