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  • Wall Street Breakfast: Must-Know News [View article]
    "The elderly have been harder hit than most. Personal bankruptcy filings among those 65 and older jumped 150% from 1991 through 2007, according to a study released last year by AARP. Although they have been known as the most frugal savers, today, many of them are deep in debt and without a safety net. ..."

    www.usatoday.com/money...

    "March 2009

    Re: Upcoming Declines in Variable Annuity Income from the CREF and TIAA Real Estate Accounts

    Dear Participant:

    In late April, you will receive a Confirmation Statement from TIAA-CREF about annual changes to your variable annuity income that will take effect on May 1, 2009. These changes reflect the performance of the underlying College Retirement Equities Fund (CREF) Stock, Global Equities, Growth, Equity Index, Social Choice, Bond Market, Inflation-Linked Bond and Money Market Accounts, as well as the TIAA Real Estate Account. ..."

    jpg below.

    home.comcast.net/~bpayne37/whitman59/w...
    Mar 27 08:32 am |Rating: +2 0 |Link to Comment
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