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To: Clintonfatigued

Still, I'd rather take my chances with a 401(k) than with Social Security, which probably deserves it's own top ten list of things the "provider" won't tell us.


6 posted on 12/03/2006 5:37:30 PM PST by TimSkalaBim
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To: TimSkalaBim
Instead of $141k being confiscated by the Social Insecurity administration, if I had put that into a 401k with a reasonable employer match, it'd be worth over $1m today.

Regardless, ever since the 401ks came about in the early 1970s, I always put the max into it. For about 10 years I put in twice the amount. That grace period came in handy to contribute last year's allowable contribution, which I had already made during the year.

11 posted on 12/03/2006 6:11:49 PM PST by Cobra64 (Why is the War on Terror being managed by the DEFENSE Department?)
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To: TimSkalaBim
Still, I'd rather take my chances with a 401(k) than with Social Security, which probably deserves it's own top ten list of things the "provider" won't tell us.

Yeah, that "provider". LOL.

16 posted on 12/03/2006 6:42:02 PM PST by gotribe (There's still time to begin a war in Iraq.)
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To: TimSkalaBim

Yes, those mean, evil, capitalist 401(k) providers are ripping you off blind; but the kind, compassionate government is assuring that you get everything you've got coming to you with Social Security...

HAHAHAHAHAHA!!!!

Reagan80

/sarcasm finally off/


23 posted on 12/03/2006 9:40:47 PM PST by Reagan80 ("Government is not the solution to our problems, Government IS the problem." -RR; 1980 Inaugural)
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