Unless your company adds matching funds to a portion of it, it isn't worth it.
Do you think the taxes in the near future will go higher or lower?
With all the money printed out of thin air, that Obama's minions have been doing, taxes are bound to go up.
And the Dollar is going to continue to drop in value, so it's a double hit.
Better to pay the taxes now, and keep control of your finances yourself,
and in todays corruption, it's better to take possession of your investments today (think precious metals).
The older people have to work, especially in menial jobs, the more of them
the Devil-crats are wanting to die off, and it doesn't matter to they whether
they die by death-panel denials, or just plain work themselves to death.
"Just proposing gutting SS and Medicare alone is no idea and will always lose."
No one's doing that. That's a straw-man argument.
But gutting SS and Medicare is exactly what the ILLEGAL ALIEN IN CHIEF and the Democrats have done.
"... being against laws that make it easier to save for retirement is insane."
It does NOT make it easier to save for retirement.
It's a government pyramid game that will be broken when the people who put their money in, go to collect.
Only an idiot would trust this government today, on anything.
Now that they've broken Social Security and Medicare with their worthless I.O.U's , they want to set up another Ponzi scheme for you to be robbed by.
Bull !
RE :”
Better to pay the taxes now, and keep control of your finances yourself, “ Complete BS.
The liberal tax system is progressive so you are always saving money by paying tax later on an retirement income which is less than half that you get while working.
I save a fortune in deferred taxes in my high tax state Maryland by putting the max allowed in my 401K. I also put some in a Roth.
But to those who we are supposed to work themselves to death at Walmarts, a employee savings program will make it easier for them to save simply because that money wont become available to blow on TVs and phones when their kids beg for them, if they opt in. If they don't want to save they can say 'no' and trust Obama to take care of them.
Sounds like a good idea to encourage tax defered retirement savings,