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re: Are any of y'all anti- 401K or IRA

Posted on 5/3/13 at 11:54 am to
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 5/3/13 at 11:54 am to
quote:

But let's assume that the employee is smart enough to know he wants to contribute something to retirement. Once he has made that decision, the company should take over?


No, because when a person makes that decision, he still doesn't have to use the 401K. He can invest in an IRA, open a brokerage account, trade FX or buy bitcoins and dinars.

If this Ghiracci broad has her way, you will have to contribute to the gov plan, regardless of whatever else you want to do. She wants a mandate.

Now, if the government wants to offer a voluntary alternative then that's sort of OK, ignoring the fact that they are using tax dollars to administer a new program that will likely end up being a SS-like cluster.

But that's not what they will do.

ETA: Russian types faster than I do
This post was edited on 5/3/13 at 11:55 am
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 5/3/13 at 11:58 am to
quote:

ETA: Russian types faster than I do
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