Recent Posts
1412 Broadway… A classic example of Mortgage Assignment fraud
Beginning in 2006, the Principal Group of Companies managed by former COO/CEO Larry Zimpleman, ranked near the top as one of the most corrupt companies providing services to 401(k) investors during that time. The evidence can be found in almost every commercial real estate investment bought or sold for the…
Protected: What is your retirement life worth?
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Protected: Plundering your 401k… Are Recordkeepers Ripping you off?
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Protected: https://fiduciaryfactor.com/anderson-v-principal-life/
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Are you entering an apocalypse with your 401k savings?
For the past twelve years I have been preaching a pending disaster for the 401k system. When President Biden signed off on the SECURE2 Act recently, doing so has started a firestorm of activity in the 401k market that will literally consume your savings within a very short time. I…
Protected: Yelp reviews on Principal… it’s not good!!
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Is a disaster looming for Principal?
China’s Three Gorges Dam is a hydroelectric gravity dam that spans the Yangtze River by the town of Sandouping, in Yiling District, Yichang, Hubei province, central China, downstream of the Three Gorges. The Three Gorges Dam has been the world’s largest power station in terms of installed capacity since 2012….
Will Principal Freeze your 401k Plan Assets?
It’s March 11th, the Coronavirus has been declared a pandemic, and your 401k account is plummeting in value. For those that have followed my posts over the past near decade, you will understand I have a dislike for Principal Financial Services… and if your service provider is Principal, you will…
Protected: Variable Annuities: What You Should Know
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Protected: Why your 401(k) plan is a compliance nightmare…
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Principal’s past sins…. the 401k “Withdrawal Queue” in 2008
For the millions of 401k investors that have been forced, or willfully volunteered, to place their future security in Principal’s hands, this post is for you. For the hundreds of thousands of retirees, trying to survive their retirement years on a fraction of savings they had left after the “Withdrawal…