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To: Grampa Dave; AT7Saluki; writer33; Liz
She still will contribute bi monthly to her K and receive the matching contributions from her employers until the tax deferral is killed.

I don't get any matching funds. (That's a sweet deal while it lasts, BTW.) I'm about to end the monthly 'contribution'.

107 posted on 11/09/2008 3:05:46 PM PST by Libloather (November is Liberal, Leftist, Marxist Awareness Month.)
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To: Libloather; abb; BOBTHENAILER

My wife’s 401k’s matching funds and current tax deferral will keep her donating until Zer0 changes that.

However, she will be rolling most of her 401K asap into her Fido IRA to become CDs.

When Zer0 ends the tax deferral, she will roll the rest into her Fido IRA.

What is interesting re the talk of killing 401k’s is the omission of IRA’s in the discussion.

Last buy not least, yesterday, we had a visit from a younger 40 something relative, who has been away for a few years. He is in the financial game and his wife admits to going over to the dark side to vote for Obama. In a brief discussion with him re 401ks, he converted all of their 401k’s to self managed Roths in the past two years. His partners are known liberals.


108 posted on 11/10/2008 7:09:42 AM PST by Grampa Dave (Do we trust 0W0N$PENDALOT, Pelo$i, Barnie, Dodd & Reid to leave our 401k's/IRA's alone?)
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