Subject: File No. S7-06-04
From: John Elbare, CFP
Affiliation: Principal, Florida Philanthropic Advisors, LLC

March 30, 2005

I strongly support the proposed rule to require a one-page disclosure of all fees associated with purchasing mutual funds and variable annuities. It has been my experience that many consumers, especially the elderly, fail to read the prospectuses.

I would additionally suggest that the new disclosure statement be printed in a type size that will be easily readable by older consumers with poor vision.