Jun. 20, 2018
Jun 20, 2018 Securities and Exchange Commission To the and Exchange Commission, I am someone who was led to believe purchasing a deferred annuity, and not a qualified longevity annuity contract, at the age of 69 was good for me. Only after I reviewed the contract and learned about QLAC's did I become aware of how it was not in my best interest. This really upset me but it's too late for me to get out of the contract because of the penalties. I'm counting on you to make a stronger rule that closes the loophole. Americans who've worked hard to save for retirement deserve peace of mind about their financial security. Sincerely, Mr. George Jutras