SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: energyplay who wrote (59821)1/10/2010 1:23:36 PM
From: KyrosL3 Recommendations  Read Replies (3) of 217847
 
I don't see it as a grab of any kind. This is not for existing 401Ks. It is for employers that don't offer 401Ks to their employees. The government basically says that these employees, most of who keep their savings in 1% savings accounts, can have a tax sheltered 401K after all, sponsored by the government with Treasury type returns, which may be low now, but are historically better than savings accounts. And, if we follow the Japanese path, may turn out to be better than lots of other alternative investments.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News