Pensions - What Should I Do ?

Hazel asked:


Hi there…I think I have been doing our taxes incorrectly for the last couple of years.

We have one income, my husbands. He has been putting money into a pension and an annuity. Shouldn’t I have received a form from the bank that holds these two accounts saying what he put in there for the year of 2007? And if so, wouldn’t that bring my gross income down for the year, perhaps making my refund even larger?

Bartolome

Paul M asked:


are federally protected against market collapse. Do they receive an annuity?
Working people are out 50% of life savings, how’s barney frank, in partucular doing?

Jose