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Old 02-03-2013, 05:24 PM  
HonestChieffan HonestChieffan is offline
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Do you want the Government involved in your 401K?

http://www.bloomberg.com/news/2013-0...attention.html
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Old 02-03-2013, 07:13 PM   #16
HonestChieffan HonestChieffan is offline
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Originally Posted by cosmo20002 View Post
You know where the term "401k" comes from? You might be surprised.

Anyway, no one's forcing you. Use your mattress or a coffee can in the backyard if you're nervous.

Im not nervous at all. Are you retired yet? Living on your 401? Plan to some day? Have a job?
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Old 02-03-2013, 07:20 PM   #17
cosmo20002 cosmo20002 is offline
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Originally Posted by HonestChieffan View Post
Im not nervous at all. Are you retired yet? Living on your 401? Plan to some day? Have a job?
No, no, yes in part, yes

Not sure how this is relevant.
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Old 02-03-2013, 07:25 PM   #18
La literatura La literatura is offline
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Originally Posted by HonestChieffan View Post
Im not nervous at all. Are you retired yet? Living on your 401? Plan to some day? Have a job?
Have you posted in my Personal Finance & Investments thread? Maybe you could pass on your wisdom to some of us younger folk.
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Old 02-03-2013, 07:27 PM   #19
Comrade Crapski Comrade Crapski is offline
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Thread seems a little premature considering the recent court opinion on Obama's recess appointments, no?
yeah I remember the same drone prattle from O-bots like you a few years ago when i was warning the bastard was going to destroy the Bill of Rights.

Welp, here we are Neckbeard.
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Old 02-03-2013, 07:30 PM   #20
La literatura La literatura is offline
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Originally Posted by Comrade Crapski View Post
yeah I remember the same drone prattle from O-bots like you a few years ago when i was warning the bastard was going to destroy the Bill of Rights.

Welp, here we are Neckbeard.
Oh noes.
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Old 02-03-2013, 07:32 PM   #21
HonestChieffan HonestChieffan is offline
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Have you posted in my Personal Finance & Investments thread? Maybe you could pass on your wisdom to some of us younger folk.
No. I have not. An internet discussion board is likely the last place you should seek such advice. Or for such help to be offered.
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Old 02-03-2013, 07:34 PM   #22
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Originally Posted by HonestChieffan View Post
No. I have not. An internet discussion board is likely the last place you should seek such advice. Or for such help to be offered.
Then why are you asking us here if we want the government involved in our 401k?
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Old 02-03-2013, 07:38 PM   #23
HonestChieffan HonestChieffan is offline
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Then why are you asking us here if we want the government involved in our 401k?
You have a point. I don't give a rats ass what happens to your 401K. I do care about my sons however. I should confine my question to him I suppose. I would however the government stay away from my 401k. Its bad enough they force me to withdraw money I do not need to withdraw so they can tax it after I reach 70 1/2. Its my money. Leave me alone to manage it as I see fit.
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Old 02-03-2013, 07:42 PM   #24
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Originally Posted by HonestChieffan View Post
You have a point.
Good. Keep that in mind and stop making threads.
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Old 02-03-2013, 07:57 PM   #25
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Quote:
Originally Posted by HonestChieffan View Post
You have a point. I don't give a rats ass what happens to your 401K. I do care about my sons however. I should confine my question to him I suppose. I would however the government stay away from my 401k. Its bad enough they force me to withdraw money I do not need to withdraw so they can tax it after I reach 70 1/2. Its my money. Leave me alone to manage it as I see fit.
This is a pretty ridiculous gripe. As you probably surely know, income is subject to tax the year it is earned. In exchange for deferring the tax for many years, there are certain rules, such as the mandatory withdrawals when you reach a certain age.

Here's the key: If you don't like these terms, no one is forcing you to enroll.
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Old 02-03-2013, 08:14 PM   #26
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None of you actually read the article, did you?
I sure did....and I answered the question to the thread.
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Old 02-03-2013, 08:56 PM   #27
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Oh noes.
You stupid son of a bitch.
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Old 02-03-2013, 09:31 PM   #28
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You stupid son of a bitch.
I love it when you use your angry voice.
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Old 02-03-2013, 09:39 PM   #29
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I love it when you use your angry voice.
I love it you'll be a hundred grand in debt and no way to pay it back.
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Old 02-03-2013, 10:28 PM   #30
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None of you actually read the article, did you?
I can't speak for the others obviously but I have no intention of reading the article. If my comment appeared to have anything at all to do with the article, you may safely ring that up to nothing but coincidence.
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