Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: abb

LOL

A government run, mandated savings program. Uh, hate to tell this moron, but we already have this program. The government steals 6.24% of my pay, and another 6.24% of my pay via a check written by my employer - 12.48% of my pay. And it is run by the government, for the government, and I expect to get pennies on the dollar in return without even the ability to pass along any capital remaining upon my death.

So, what this witch wants, is a second program like this? A duplicate?

Pound sand where her head is currently lodged.


27 posted on 01/02/2017 12:11:25 PM PST by rigelkentaurus
[ Post Reply | Private Reply | To 1 | View Replies ]


To: rigelkentaurus

I pay into the railroad pension fund. Instead of the 6% or so that you pay into SS, I pay in 11% out of every paycheck, with no employer match. I stopped my 401k after losing all of the gains in 2000 and 2008.

And yet, that POS paul ryan and his RINO/leftist looter buddies wanted to confiscate all of the money in the railroad retirement fund, and roll it into SS.

The RRF is administered and paid for by railroad employees. We’re exempt from SS because the railroad pension predates SS.

If the feds want to confiscate that, then they also have their sights set on your 401k and IRA plans.


87 posted on 01/02/2017 4:20:43 PM PST by factoryrat (We reserve the producers, the creators. Grow it, mine it, build it.)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson