Did you know the original purpose of the 401(k) plan was to supplement retirement income? And that originally such plans we’re supposed to be simple.
Tag: 401(k)
No way to save? Give me a break 🤑
I read an article recently about the need for states to set up retirement savings vehicles and requiring employers to participate. The rationale was that
Another liberal idea hits the wall of reality; myRA goes bust
Some of you may recall I questioned the need and viability of the myRA program. Now Treasury has decided to close the program because of
The power — and pitfalls — of retirement savers’ illusions 🤑 but it’s no illusion a third of households have no retirement savings, oh my🤔
If you have $500,000 in retirement savings, you’re rich‼️ Not so fast🤑 In fact, if you took that money and purchased an immediate annuity at
