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Your Union has been lying to you your entire career
sarktastic
Member Posts: 9,208
in Tug Tavern
Said, if you paid em all that money... Every pay period... Every year for 30-40 years... You'd get a pension.
Sorry, they lied. More hopeless change. Thanks, Obama
https://www.washingtonpost.com/news/get-there/wp/2016/04/20/one-of-the-nations-largest-pension-funds-could-soon-cut-benefits-for-retirees/
Sorry, they lied. More hopeless change. Thanks, Obama
https://www.washingtonpost.com/news/get-there/wp/2016/04/20/one-of-the-nations-largest-pension-funds-could-soon-cut-benefits-for-retirees/
Comments
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Did you even read the article or just the headline?
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This is why I hate relying solely on a pension plan. Invest whatever the company will match (free money) then invest everything else yourself.
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Do you know the difference between a pension plan and a 401(k)?greenblood said:This is why I hate relying solely on a pension plan. Invest whatever the company will match (free money) then invest everything else yourself.
While I completely agree a company or Union pension shouldn't be your only retirement. If you are putting into a 401(k), it's fine to put more than the match into those, as long as it's an ERISA plan that is audited. Those funds are required to be deposited into the investments you direct. -
I sign my entire paycheck over to Bleenor to invest.2001400ex said:
Do you know the difference between a pension plan and a 401(k)?greenblood said:This is why I hate relying solely on a pension plan. Invest whatever the company will match (free money) then invest everything else yourself.
While I completely agree a company or Union pension shouldn't be your only retirement. If you are putting into a 401(k), it's fine to put more than the match into those, as long as it's an ERISA plan that is audited. Those funds are required to be deposited into the investments you direct.
I'll be fine. -
All mine is invested in Kim's real estate.TierbsHsotBoobs said:
I sign my entire paycheck over to Bleenor to invest.2001400ex said:
Do you know the difference between a pension plan and a 401(k)?greenblood said:This is why I hate relying solely on a pension plan. Invest whatever the company will match (free money) then invest everything else yourself.
While I completely agree a company or Union pension shouldn't be your only retirement. If you are putting into a 401(k), it's fine to put more than the match into those, as long as it's an ERISA plan that is audited. Those funds are required to be deposited into the investments you direct.
I'll be fine. -
just shut the fuck up2001400ex said:
Do you know the difference between a pension plan and a 401(k)?greenblood said:This is why I hate relying solely on a pension plan. Invest whatever the company will match (free money) then invest everything else yourself.
While I completely agree a company or Union pension shouldn't be your only retirement. If you are putting into a 401(k), it's fine to put more than the match into those, as long as it's an ERISA plan that is audited. Those funds are required to be deposited into the investments you direct. -
Good. Fuck the Teamsters.
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I wish i coild invest my 401k exclusively in pornhub stock. I'd be constantly fueling my investment
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My money is in casinos and lottery tickets
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I feel like my investment in Derek Johnson books will be beneficial at retirement.
