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Investors Get Steamrolled By IRA Rollovers

2014-06-24 09:14:08| Air Courier - Topix.net

Employees who retire from big companies like Hewlett-Packard Co. , AT&T Inc. and United Parcel Service Inc. are being fleeced by stockbrokers who induce them to roll over their 401 nest eggs to Individual Retirement Accounts -- IRAs -- and then buy investment products that pay higher commissions to the brokers, according to a recent Brokers have ... (more)

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