To the Editor: Your pension columnist Joel Frank is expert on the rules and regulations of IRA/pension fund investing. I am compelled, however, as I did in my Letter to the Editor of July 18, 2016, to criticize his recommendation in his Aug. 9 column, to surrender a 7 percent or 8 ¼ percent tax-deferred guaranteed investment.
He does so “because the 7 or 8.25 percent return is not yours. It must be shared by the tax collectors at an unknowable income-tax rate you have agreed to pay, years if not decades from now.”
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