Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (7198)	10/24/1997 5:12:00 PM
From: Bonnie Bear	Read Replies (3) of 94695

YES. But I am the only person I know who is sending the voluntary part of my 401K into cash and bonds. My company continues to match part of it (with stock) and it doesn't get taxed. The stock market is like religion. There's no incentive to save money in this country. The feds need to stop taxing people on their money-market savings interest, what a difference it would make. If the feds just increased the amount of money that can be saved in an IRA account it would make a huge difference. When I see these things happen I will know the fed is really concerned and wants to do something for the public.

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