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05.24.23 Retailers Responding With DISCOUNTS / Fraud Protection For Seniors

The Clark Howard Podcast

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How to Deal With an Ultra High Commission Non-Fiduciary Stockbroker

Matt in Illinois says his children's grandparents have graciously funded a 529. They insisted on opening the plans through their advisor at a also non-fiduciary stockbroker. The plan they're putting money in is terrible just as you suspect, Matt writes. "There is never a circumstance, never, that is appropriate to buy a 529 plan through a commission salesman person," he adds.

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