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Maybe it's time to say goodbye to your 401K....

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SomeGuynTexas Donating Member (63 posts) Send PM | Profile | Ignore Thu Sep-02-10 10:54 AM
Original message
Maybe it's time to say goodbye to your 401K....
Hearings on:http://www.dol.gov/ebsa/newsroom/2010/ebsa082610.html">"Lifetime income options for retirement plans" over at Labor Department.

Nope. Can't be. That money is mine. Oops! "Ours." No, wait... Mine...? Ours?

Never gonna happen.

:-)
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 10:57 AM
Response to Original message
1. What does that have to do with 401K's?
Sounds like a hearing on defined benefit retirement plans to me. Not many of those left anymore.
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 10:57 AM
Response to Original message
2. Welcome to DU..
I hope you enjoy your stay..

And your 401K..

Although I'm not sure which is likely to last longer.. ;)

:hi:
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NeedleCast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 10:59 AM
Response to Original message
3. K
Wut?
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 11:04 AM
Response to Original message
4. It's Thursday. I thought Thursday was gun grabbin' and Satan Worshippin'.
Or mebbe Obammer wuz gonna take all those righteous scientificky books out of the Grand Canyon park bookstore, the ones about how Noah's flood made the whole thing in 15 minutes.

So many socialist plots, so little time! I'm confuzled.
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DiverDave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 11:25 AM
Response to Original message
5. What 401K??
ours is almost gone...taxes eat it up when you withdraw.
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