Thursday, January 8, 2009
And Now More from the Experts at Duh (A Think Tank for the Obvious)
The Wall Street Journal noticed today that there might be something flawed in using 401 K plans to fund employee retirements. http://online.wsj.com/article/SB123137714796462913.html Duh! 401K plans were never a real benefit for employees except as an adjunct to retirement savings. When in an effort to cheap out employers made these plans "the retirement" for their employees it was once again the case of greed getting Washington's ear. Once again the wealthy and powerful acted to gut the middle class and got away with it. So nice of the WSJ to notice now.
Subscribe to:
Post Comments (Atom)
1 comment:
And maybe some of us might have been smart to tough it out a couple more years.
My resume' is updated and being sent out as we speak.
Post a Comment