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Explain the logic of wanting people to put less $ in the 401(k)s - link
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Date: November 1st, 2017 2:27 PM Author: overrated goal in life depressive I thought Republicans believed that, since government should pay less for peoples' retirement, they should be encouraged to save more themselves? How is this defensible public policy?
http://abcnews.go.com/Politics/house-tax-plan-lowers-caps-401k-cuts-state/story?id=50861872&cid=clicksource_4380645_1_hero_headlines_headlines_hed |
Date: November 1st, 2017 2:35 PM Author: cheese-eating naked shrine The money to fund cuts to the top tax bracket and corporate rate has to come from somewhere.
MAGA! |
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Date: November 1st, 2017 2:37 PM Author: Jet-lagged Heady Kitchen This pisses me off on so many fucking levels. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580081) |
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Date: November 1st, 2017 2:38 PM Author: cheese-eating naked shrine Say what you will about the Democrats and cunt Hillary but they never would have proposed this. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580093) |
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Date: November 1st, 2017 2:50 PM Author: vivacious new version genital piercing yep (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580200) |
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Date: November 1st, 2017 3:07 PM Author: Pea-brained spectacular halford internal respiration Weren't Dems all about getting rid of 529 accounts recently? (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580380) |
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Date: November 1st, 2017 3:08 PM Author: Charismatic carnelian gay wizard "Taxes?" Third base coach waving millions (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580392) |
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Date: November 1st, 2017 3:12 PM Author: racy institution yeah importing millions of muslims is much better
and lol at you thinking 401ks are some sacred cow to Dems. gotta pay for them benefits somehow. wealth taxing 401ks is best white tax there is. |
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Date: November 1st, 2017 4:07 PM Author: Comical Aqua House (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580923) |
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Date: November 1st, 2017 2:39 PM Author: cheese-eating naked shrine "401(k)s The White House, as the president tweeted, wanted to keep the current annual maximum for tax-free contributions ($18,000); House Republicans wanted to lower the limit to $2,400. The bill, as of this morning, would lower what individuals may contribute tax-free to their 401(k)s, to an amount about halfway between the current limit and what House Republicans initially proposed."
So a 401k cap of $10,200? jfc |
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Date: November 2nd, 2017 9:53 AM Author: Insane stubborn kitty cat casino shit eating boomers (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586612) |
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Date: November 1st, 2017 2:40 PM Author: Fragrant indian lodge patrolman Damn it! I was really hoping that once it was exposed the House GOP would back off that 401k cap shit. I still don't think this bill will make it through. It'll be AHCA all over again. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580108) |
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Date: November 1st, 2017 2:44 PM Author: cheese-eating naked shrine if this article is true, then Trump agreed to lower the cap from $18,000 to $10,200. It's not just the House GOP. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580139) |
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Date: November 1st, 2017 2:47 PM Author: Fragrant indian lodge patrolman Oh, I know. I caught shit last week for arguing that Trump's tweet about protecting 401k's meant shit given his track record. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580168) |
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Date: November 1st, 2017 2:44 PM Author: Comical Aqua House eGOP pols don’t actually believe in anything. How haven’t you figured this out yet? (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580140) |
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Date: November 1st, 2017 2:45 PM Author: twisted stage first they came for your pension then they came for your 401K then they came for your pantry full of ALPO |
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Date: November 1st, 2017 3:15 PM Author: Irradiated lay (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580458) |
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Date: November 1st, 2017 4:21 PM Author: tripping milky rigpig school cafeteria (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581017) |
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Date: November 1st, 2017 8:12 PM Author: Razzmatazz ceo messiness 'Tis but a personal property tax. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582734) |
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Date: November 1st, 2017 2:45 PM Author: cheese-eating naked shrine even if this doesn't pass the GOP will pay a price next november just for proposing it. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580153) |
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Date: November 1st, 2017 2:48 PM Author: Haunting Aphrodisiac Potus Stain Lol no they wont...most people don't put shit into their 401ks. Its not a good policy but its a really small portion if the population that puts in 10k or more. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580182) |
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Date: November 1st, 2017 2:50 PM Author: vivacious new version genital piercing this is unfortunately why it will pass (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580195) |
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Date: November 1st, 2017 3:16 PM Author: Irradiated lay I thought XO exaggerated how many people don't contribute to 401(k)s, but apparently not
https://www.bloomberg.com/news/articles/2017-02-21/two-thirds-of-americans-aren-t-putting-money-in-their-401-k |
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Date: November 1st, 2017 2:46 PM Author: racy institution there's no logic or even pretense behind it; it's just greed by the cucks, who represent an increasingly tiny fraction of the population. it will be their undoing in 2018 (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580162) |
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Date: November 1st, 2017 2:48 PM Author: Jet-lagged Heady Kitchen As boomers age into retirement, they will continue to push this shit through, fucking over our generation in favor of their own. Boomers already have fat-cat 401ks because they happened to live through decades of economic prosperity before pushing this country to the brink of collapse, they still collect actual pensions that are LOL nonexistent for new people, they have mortgage deductions for their homes that no one can afford to buy anymore, of course they never had any substantial student loans (because they didn't have to take out a mountain of debt for a college degree), and they can collect social security comfortably for the rest of their lives.
Now the GOP wants to demolish our Gen's pittance of a fucking tax benefit to continue to pay for boomers selfish lifestyles. People plan their entire financial lives around shit like 401k contributions.
Seriously MAF right now. |
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Date: November 1st, 2017 2:49 PM Author: vivacious new version genital piercing I join you in MAFness (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580193) |
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Date: November 1st, 2017 3:18 PM Author: magical lavender station (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580477) |
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Date: November 1st, 2017 2:50 PM Author: cheese-eating naked shrine cr. this is boomers taking money out of our retirement to fund their own
also, dont forget that they collect social security too which will be insolvent by the time most of us are eligible. |
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Date: November 1st, 2017 2:59 PM Author: Glittery Sadistic Candlestick Maker I'm so MAF I need to take a pill (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580291) |
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Date: November 1st, 2017 3:01 PM Author: self-absorbed toaster i'm not sure why younger people aren't up in arms about gutting medicare and social security, but especially medicare. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580314) |
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Date: November 1st, 2017 3:03 PM Author: Jet-lagged Heady Kitchen Because many young people are short-sighted faggot libs that want to squawk about tranny bathrooms and rant about Obamacare being a human right, when shit like Obamacare literally fucks over our generation. In other words, they are retarded. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580340) |
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Date: November 1st, 2017 3:05 PM Author: self-absorbed toaster if i were dictator i'd end Medicare tomorrow. truly a cancer on our country. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580357) |
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Date: November 1st, 2017 3:02 PM Author: Jet-lagged Heady Kitchen Yea I mentioned SS. Inevitably their fix for SS will be to "age-out" the benefits to future collectors, reduce payments, etc. But *none* of it will be applied to the boomers generation or people that currently collect SS. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580317) |
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Date: November 1st, 2017 3:08 PM Author: Pea-brained spectacular halford internal respiration I'm right there with you, brother. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580387) |
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Date: November 1st, 2017 3:09 PM Author: racy institution absolutely cr on boomers but 401ks are a scam and planning around them is foolish. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580407) |
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Date: November 1st, 2017 3:11 PM Author: magical lavender station This is so stupid (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580427) |
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Date: November 1st, 2017 3:14 PM Author: racy institution they are a scam, and we're starting to see how fickle they are. it's only going to get worse. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580454) |
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Date: November 1st, 2017 3:17 PM Author: magical lavender station Explain in detail how they are a scam for the people who are using them as they are intended - as an enormous tax break that grows their retirement accounts at a rate faster than they would get in a traditional investment account (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580473) |
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Date: November 1st, 2017 3:20 PM Author: racy institution because the government at some point in the future is going to break its promise to you and will either tax appreciation over contributions or levy some kind of wealth tax on the balance or both (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580494) |
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Date: November 1st, 2017 3:23 PM Author: magical lavender station So it's only a scam based on future speculation that the government will take away its main feature (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580513) |
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Date: November 1st, 2017 3:24 PM Author: racy institution yes that's what a scam is. they are promising one thing and will deliver another. but keep telling yourself the government and establishment dems or repubs have your best interests at heart and wont do anything to them over the next 30 years as we multiply our population and move towards residence-based single payer (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580530) |
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Date: November 1st, 2017 3:34 PM Author: magical lavender station Everyone should forgo a lot of money based on a suspicion that may never materialize (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580618) |
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Date: November 1st, 2017 4:41 PM Author: racy institution ljl you wont realize any those savings unless you speculate that the government will continue to honor its promise. you take one side of that bet based on faith; I'll take the other based on taking my head out of the sand. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581152) |
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Date: November 1st, 2017 5:22 PM Author: magical lavender station Post removed by moderator for violating The Law of The Land. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581532) |
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Date: November 1st, 2017 5:24 PM Author: magical lavender station It's a matter of probablility. If you want to bet against the current status quo and for any number of alternative scenarios each of which has a smaller probability of occurring than the current realizable event good luck
Not sure how I modded my post above |
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Date: November 1st, 2017 5:25 PM Author: racy institution yeah the current status quo for 401ks looks rosy and unchanged as ever, jfc man. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581561) |
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Date: November 1st, 2017 5:28 PM Author: magical lavender station . Why in the world would I take my money out of that and put it into a post tax investment account? Where I am guaranteed to be taxed? (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581583) |
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Date: November 1st, 2017 5:29 PM Author: racy institution im not saying you should take out what you've already put in. im saying planning your life around a government program, the majority of beneficiaries of which are the least likable and sympathetic segment of the population, is foolish in light of the establishment's immigration and population goals coupled with the left's push for universal healthcare. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581596) |
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Date: November 1st, 2017 5:35 PM Author: magical lavender station I guess we'll see in 30 years from now. It's the best thing the middle class has going for it right now for retirement accounts and wouldnt recommend any of them stop contributing based on a whim that hasn't happened and may never. Costly mistake. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581636) |
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Date: November 1st, 2017 5:40 PM Author: bipolar cuckold Not contributing to a 401k means guaranteed taxes right now. Let’s see, 100% guarantee of paying the 39% income tax plus 23.8% on any appreciation on the 18k you put into a brokerage account now versus unknown chances of higher taxes in the future. Seems pretty clear to me which option to choose. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581685) |
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Date: November 1st, 2017 5:45 PM Author: racy institution im not saying it's not a fucking benefit as promised to you, moron. im saying dont act shocked when the government fucks you out of it later. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581726) |
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Date: November 1st, 2017 5:55 PM Author: bipolar cuckold If you’re saying that tax deferral is a benefit of 401ks, then not sure how exactly it’s a “scam.” I don’t know of “scams” that have any benefits. Moron. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581816) |
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Date: November 1st, 2017 4:06 PM Author: Comical Aqua House That’s crazy. They’d never go after 401ks oh wait (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580919) |
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Date: November 1st, 2017 5:16 PM Author: racy institution (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581449) |
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Date: November 1st, 2017 5:34 PM Author: bipolar cuckold The govt may change things in the future, yes.
But why on earth would I not put money into the 401k and instead pay right now the highest marginal tax rate plus 23.8% cap gains on all appreciation? |
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Date: November 1st, 2017 8:24 PM Author: Razzmatazz ceo messiness "but 401ks are a scam"
At least the limited fund and high fee aspects are. |
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Date: November 1st, 2017 3:10 PM Author: magical lavender station (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580421) |
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Date: November 1st, 2017 3:21 PM Author: Irradiated lay holy shit this summary makes me MAF (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580498) |
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Date: November 1st, 2017 4:04 PM Author: Comical Aqua House lol at planning your life around a government program that could be ended at any time (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580912) |
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Date: November 1st, 2017 4:42 PM Author: racy institution (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581156) |
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Date: November 1st, 2017 5:11 PM Author: Doobsian Contagious Newt Organic Girlfriend (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581405) |
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Date: November 1st, 2017 5:31 PM Author: Jet-lagged Heady Kitchen Suck my cock little boy.
Plenty of people start with retirement as a baseline for financial planning because it literally requires decades saving.
If you aren't utilizing tax-advantaged shelters provided by the government, LOL at you. |
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Date: November 1st, 2017 2:49 PM Author: cheese-eating naked shrine this is one issue NEETs don't care about. if anything they probably want to see wagecucks fucked over but this doesn't impact them directly (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580185) |
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Date: November 1st, 2017 3:10 PM Author: Concupiscible church building stock market is a jew scam (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580417) |
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Date: November 1st, 2017 3:11 PM Author: Swashbuckling chapel Lets them collect taxes now when you put money in your Roth (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580431) |
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Date: November 1st, 2017 3:39 PM Author: Jet-lagged Heady Kitchen There are plenty of legitimate reasons to want to lower your tax liability now, as opposed to later in life. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580674) |
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Date: November 1st, 2017 3:12 PM Author: black frum bawdyhouse 401k is a huge scam (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580440) |
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Date: November 1st, 2017 3:18 PM Author: adventurous dingle berry (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580478) |
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Date: November 1st, 2017 3:13 PM Author: marvelous dun step-uncle's house Who cares about your 401K. The death tax must be repealed and someone needs to pay for that. MAGA. Fuck shitlibs. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580446) |
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Date: November 1st, 2017 3:15 PM Author: sinister selfie What is the big deal anyway? It's just tax deferment. Save your money after taxes, save it before taxes, who gives a shit. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580460) |
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Date: November 1st, 2017 3:16 PM Author: black frum bawdyhouse Wage cucks who want the government to subsidize their employer pension (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580466) |
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Date: November 1st, 2017 4:39 PM Author: Razzle Alcoholic Mediation Ticket Booth when you retire you can draw it out at 10k/yr or so and it is almost tax free (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581124) |
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Date: November 1st, 2017 3:35 PM Author: Indecent Liquid Oxygen Point 401ks are a giveaway to the rich. It's pretty simple. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580623) |
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Date: November 1st, 2017 3:39 PM Author: Jet-lagged Heady Kitchen Nah, the actual rich have no need for a shitty little 401k (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580683) |
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Date: November 1st, 2017 3:46 PM Author: Indecent Liquid Oxygen Point We can play the "I'm not rich, to be rich you have to be blah blah" all day long (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580767) |
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Date: November 1st, 2017 4:43 PM Author: Jet-lagged Heady Kitchen We can also play the "you lick my ass all day long" game. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581173) |
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Date: November 1st, 2017 5:17 PM Author: Indecent Liquid Oxygen Point hawt (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581477) |
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Date: November 1st, 2017 4:20 PM Author: free-loading property faggot firefighter Huh? The ‘rich’ make their money in the form of capital gains, not ordinary income. Removing a long-standing tax deferral for ordinary income is a wealth transfer from those who pay taxes on ordinary income (the middle and upper middle classes) to those who do not (the negative tax rate poor and the upper class). (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581010) |
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Date: November 1st, 2017 4:28 PM Author: magical lavender station (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581047) |
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Date: November 1st, 2017 4:34 PM Author: Comical Aqua House “Rich” is anyone making more than me. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581098) |
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Date: November 1st, 2017 5:05 PM Author: free-loading property faggot firefighter If the implied argument I am responding to is ‘let’s kill the 401k because it only helps the rich anyway’, then I am pointing out that the remedy does not fit the intent. If you want to transfer wealth away from the most rich (better?), then do it via estate tax or higher corporate tax rates or some other mechanism. Killing the 401k hurts scores of middle class people more than the rich. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581357) |
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Date: November 1st, 2017 5:19 PM Author: Indecent Liquid Oxygen Point 401k is not being killed, it's being reduced to $10K. Middle class people do not put $10K into their 401ks.
I should've avoided the word "rich" because it drags out the von Mises crowd, should've said "high income" |
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Date: November 1st, 2017 5:26 PM Author: Jet-lagged Heady Kitchen I already give nearly 50% of my fucking income to this declining shit hole of a country. 10k a year will not be enough to replace my income come retirement time, which is really the point of the 401k in the first place. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581571) |
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Date: November 1st, 2017 8:32 PM Author: avocado resort knife if you're not putting $10k in your 401k, your claim to middle class status may be tenuous (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582882) |
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Date: November 1st, 2017 3:46 PM Author: Exciting crackhouse I do Roth already. Wife does traditional. Been thinking about switching her to Roth because I think the math works better. But I like having money in both.
Notwithstanding any of that, I will lose my fuckin mind if they reduce or change the options. These fucking boomers can eat my goddamn ass. Death to anyone who pushes this through. |
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Date: November 1st, 2017 3:55 PM Author: mildly autistic excitant box office eerily similar to my situation. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580846) |
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Date: November 1st, 2017 4:05 PM Author: Exciting crackhouse This is an unforgivable sin imo. Who is most to blame? Ryan? Trump? (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580917) |
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Date: November 1st, 2017 3:48 PM Author: avocado resort knife GOP and dems agree on one thing: the middle class must die. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580788) |
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Date: November 2nd, 2017 8:15 AM Author: soul-stirring frisky address The middle class isn't putting $10k in a 401k. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586264) |
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Date: November 1st, 2017 4:16 PM Author: Trip hospital scourge upon the earth Billionaires and corporations who have never been more profitable desperately need your retirement to be undercut because they are just SOOO OVERBURDENED. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34580986) |
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Date: November 1st, 2017 4:28 PM Author: Adulterous sienna athletic conference Everybody hates umc wagecucks (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581046) |
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Date: November 1st, 2017 4:34 PM Author: outnumbered passionate pocket flask brunch (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581094) |
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Date: November 1st, 2017 4:36 PM Author: magical lavender station (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581103) |
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Date: November 1st, 2017 4:37 PM Author: Jet-lagged Heady Kitchen (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581110) |
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Date: November 1st, 2017 4:42 PM Author: racy institution (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581158) |
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Date: November 1st, 2017 4:43 PM Author: Cracking site jewess (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581171) |
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Date: November 1st, 2017 5:13 PM Author: Doobsian Contagious Newt Organic Girlfriend (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581424) |
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Date: November 1st, 2017 5:27 PM Author: Comical Aqua House (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581577) |
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Date: November 1st, 2017 5:31 PM Author: Indecent Liquid Oxygen Point (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581610) |
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Date: November 1st, 2017 8:53 PM Author: hairraiser bull headed heaven antidepressant drug (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34583041) |
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Date: November 1st, 2017 4:48 PM Author: Cracking site jewess 401(k)/IRA is and has always been boomer fraudscamlies meant to line the pockets of wall street with huge compounding fees
I, for one, will be glad to see it gone. most people who have them don't manage them correctly and they end up losing substantial amounts of their gains to fees and market pwnage.
passive income from diversified sources is the only way to ensure you have a baseline that will support you even if you're sick, unemployed from a wagecuck job, or starting a business.
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Date: November 1st, 2017 5:16 PM Author: Comical Aqua House How to cop “passive” income? (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581457) |
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Date: November 1st, 2017 5:10 PM Author: talented love of her life orchestra pit it's better for the revolution if the middle and lower middle classes don't depend on the fucking stock market (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581396) |
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Date: November 1st, 2017 5:15 PM Author: Comical Aqua House (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581445) |
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Date: November 1st, 2017 5:16 PM Author: Lake black woman also the umc wagecucks need to realize that they aren't elite and are getting fucked over just as much as the poors (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581462) |
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Date: November 1st, 2017 5:17 PM Author: racy institution (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581465) |
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Date: November 1st, 2017 5:18 PM Author: Comical Aqua House (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581489) |
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Date: November 1st, 2017 5:36 PM Author: Indecent Liquid Oxygen Point (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581643) |
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Date: November 1st, 2017 5:20 PM Author: Vigorous sooty nowag Really maddening thing is that so called behavioral economists were all about getting people to max 401K's, but now all of a sudden people who did so were contributing to inequality or whatever and must be robbed. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581510) |
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Date: November 1st, 2017 5:24 PM Author: Indecent Liquid Oxygen Point Look left, right, whatever, we can all agree that Cass Sunstein is a menace to humanity (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581548) |
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Date: November 1st, 2017 5:26 PM Author: Vigorous sooty nowag Indubitably but at this point he's more production company than academic. Like a Harlequin author. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581567) |
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Date: November 1st, 2017 5:34 PM Author: Apoplectic Base Corn Cake (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34581629) |
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Date: November 1st, 2017 7:24 PM Author: Razzmatazz ceo messiness Rich People > Non-Rich People (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582464) |
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Date: November 1st, 2017 8:17 PM Author: motley onyx gas station background story lolno. BOOMERS don't have 401ks
Boomers have Pension = guaranteed retirement after 20 years with highest 80% of salary and free healthcare for LIFE |
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Date: November 1st, 2017 8:20 PM Author: Exciting crackhouse It's simpler than that. Boomers are either done funding their 401k and/or they'll keep the higher "catch up" limit for those over 50 or 55. Boomers win and everyone else can suck it. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582789) |
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Date: November 1st, 2017 8:22 PM Author: motley onyx gas station background story it's much simpler... Boomers never saved a dime in retirement. The companies or govt took care of them. "Millenials are lazy" (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582801) |
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Date: November 1st, 2017 8:26 PM Author: Exciting crackhouse No, not that many boomers have pensions. Three majority don't. If we're going to fight the menace we have to understand it. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582831) |
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Date: November 1st, 2017 8:22 PM Author: Razzmatazz ceo messiness My parents are making almost exactly as much in retirement (SS + pension) as they made when they were working.
If they would have worked past 62, they would now be making more in retirement. |
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Date: November 1st, 2017 8:45 PM Author: outnumbered passionate pocket flask brunch My parents will make more LJL (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582960) |
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Date: November 1st, 2017 8:41 PM Author: Jet-lagged Heady Kitchen Boomers have Pensions AND 401ks. My parents are a testament to that. Next year they'll be copping social security as well.
Also, the rise of 401ks took place when boomers were just starting off in their careers, which happened to coincide with one of the greatest sustained bull markets in modern history. And their companies typically matched much higher than the current 3% bullshit (if there is a match at all).
As opposed to my parents, even though I am already out-earning them at their highest level: 1) I will never have a pension; 2) social security will not exist when I retire; and 3) the government is literally rolling back 401k limits to levels from twenty fucking years ago. |
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Date: November 1st, 2017 8:47 PM Author: motley onyx gas station background story lol... my boomer parents, no college govt job retire at 50 with govt pension..
me, 4 degrees, max 401k.... work to 100 or die at 40 |
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Date: November 1st, 2017 8:48 PM Author: motley onyx gas station background story wait... i just felt a sense of freedom after typing that last phrase. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582982) |
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Date: November 1st, 2017 8:49 PM Author: Exciting crackhouse (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34582997) |
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Date: November 1st, 2017 8:58 PM Author: Jet-lagged Heady Kitchen (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34583094) |
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Date: November 1st, 2017 8:52 PM Author: ocher cruise ship circlehead lol
enjoy four year to eight years of trump harassing beaners on the street and getting libs riled up on twitter! the price is that his only concrete policy legacy will be your children being slaves to oligarchs forever |
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Date: November 1st, 2017 8:55 PM Author: outnumbered passionate pocket flask brunch This will pass right after Obamacare repeal (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34583071) |
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Date: November 1st, 2017 8:57 PM Author: ocher cruise ship circlehead doesn't matter, for every high profile legislative failure there's a ton of behind the scenes administrative stuff getting pushed through that basically strip-mines the country for the benefit of the megarich. this would just be icing on the cake
trump can only go in the direction the force vectors carry him. stuff he wants that all the other billionaire/billionaire stooges he stuffed the administration with want will sail through unless it's so high-profile and outrageous that congress has no choice but to stop it. stuff he wants that they don't want or don't care about (specifically immigration) won't happen or won't last. |
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Date: November 2nd, 2017 8:19 AM Author: soul-stirring frisky address Taxpayers should totally subsidize retirement for upper middle class and upper class people. (xo poa (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586270) |
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Date: November 2nd, 2017 10:13 AM Author: Indecent Liquid Oxygen Point (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586688) |
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Date: November 2nd, 2017 10:16 AM Author: Lake black woman the "upper class" is not using 401k for retirement. Ideally in a country with not completely fucked up income distribution the middle class could enjoy the benefits of 401(k)s and not have to live paycheck to paycheck. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586702) |
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Date: November 2nd, 2017 1:26 PM Author: soul-stirring frisky address If law partners making $300,000 in Detroit aren't upper class, cart me off to Walmart. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34588362) |
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Date: November 2nd, 2017 1:26 PM Author: Lake black woman they're a lot closer to the middle class than they are to the elite in this country (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34588368) |
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Date: November 2nd, 2017 10:01 AM Author: Insane stubborn kitty cat casino no way does an educated rethuglican electorate let this shit slide even for one moment. The party would consume itself instantly when the educated GOPers tell the uneducated ones how much they are getting fucked even though the uneducated ones arent getting fuck cause they dont contribute anyway (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586631) |
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Date: November 2nd, 2017 10:04 AM Author: provocative bearded ladyboy tanning salon Glad to see the GOP is still hellbent on repealing the estate tax though! Ljl. (http://www.autoadmit.com/thread.php?thread_id=3782284&forum_id=2#34586644) |