Excellent question given the recent performance of the stock market.
A couple of reasons come to mind:
1. Not high enough contributions
2. Early retirement provisions and high benefit payout ratios.
3. Schemes and scams to skim the pension accounts. This is not a small thing.
Excellent question given the recent performance of the stock market.
A couple of reasons come to mind:
1. Not high enough contributions
2. Early retirement provisions and high benefit payout ratios.
They’ll be coming for our tax-deferred retirement savings soon enough. The gears are already in motion to prevent you from bequeathing those funds to your heirs, reverting them to the goobermint. Stay tuned!