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financial-market

Weatherhead's Timothy Fogarty weighs in on misleading reported account balances

Media | June 12, 2026 | Story by: Editorial Staff
Media Expert: Timothy Fogarty

My adviser promised me I’d get a lifetime income, but I recently found out there’s only $100K left in the account. Please help me. 

MarketWatch: Timothy Fogarty, the Andrew D. Braden Professor in Accounting and Auditing at Weatherhead School of Management, said annuity owners are often misled by reported account balances.