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To: Moominoid who wrote (54255)	8/3/2006 10:06:05 AM
From: RealMuLan	Respond to of 116555

They perhaps just test the water first, if the demand is there, then they may increase the amount of the auction<g>

To: Moominoid who wrote (54255)	8/4/2006 12:38:07 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

[Automatic enrolled in 401K unless one opts out<g>]--"The bill would give employers the green light to automatically put employees into 401(k)'s. They could remove maybe 3 percent to 6 percent of an employee's pay from each check and invest it in what's called a life-cycle fund -- a mixture of stocks and bonds designed to get people ready for retirement by a certain date. Employers wouldn't be required to enroll their employees. Employees also wouldn't be required to go along. If they wanted their full pay, they'd be able to opt out of the 401(k). But research by Hewitt suggests that few would withdraw. So the measure before Congress seems like a no-brainer, a plan through which Americans would benefit even if they know nothing about investing. "Life-cycle funds make sense, and automatic enrollment is the way to go," said Jack VanDerhei, a fellow at the Employee Benefits Research Institute who has calculated that U.S. retirees will be facing an income shortfall of $45 billion by 2030." duluthsuperior.com