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Stolen idea - let people access X amount from their 401(k)s

Posted on: March 16, 2020 at 16:06:54 CT

TigerJackSwartz MU

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M.O.B. Votes:

or retirement accounts, penalty (or perhaps even tax) free, to help through current financial hardships.

Thoughts?

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MESSAGE THREAD

Stolen idea - let people access X amount from their 401(k)s - TigerJackSwartz MU

- 3/16 16:06:54

Yes, if financial hardship - tiger4real MU - 3/16 16:48:36

I've got a decision to make, I am going to match 401k's - tigerinhogtown STL - 3/16 16:23:50

This makes sense(nm) - tman MU - 3/16 16:57:17

if this goes on for a couple months I probably can't make - tigerinhogtown STL - 3/16 17:05:33

This is beyond what most people can grasp(nm) - tman MU - 3/16 18:02:32

Reverse, should lift limits on Roth's/IRAS-401s, let people - Macgrantt MU - 3/16 16:22:16

Agreed. Remove the ROTH income restrictions. - Emoji Man MSU - 3/16 17:44:31

end taxation (nm) - pickle MU

- 3/16 16:46:37

Again, even with this suggestion, the problem is taxation.(nm) - ummmm MU - 3/16 16:43:26

Hell yes (nm) - mizzouSECedes STL - 3/16 16:41:36

That's a ****ing heluva a great idea (nm) - TigerJackSwartz MU

- 3/16 16:23:57

It’s their money, they should be able to do whatever they - MIZ45 MU - 3/16 16:21:35

great, sink the markets further & further pressure social - TigerFan92 MU - 3/16 16:17:38

It's an individual issue/decision. (nm) - ummmm MU - 3/16 16:19:41

True but companies put $ into 401Ks for employees because - TigerFan92 MU - 3/16 16:49:16

just end taxation (nm) - pickle MU

- 3/16 16:11:43

Beats waiting for biden socialists to steal it. - RHAYWORTH MU - 3/16 16:10:59

Perfect way to start Civil War II (nm) - mizzouSECedes STL - 3/16 16:13:04

He posts stupidity and you double down on it-SMH(nm) - Mo Texan MU - 3/16 16:21:38

Stupidity? Hardly. - RHAYWORTH MU - 3/16 16:25:49

Yes stupid, it’s not happening-regardless who said it(nm) - Mo Texan MU - 3/16 16:35:51

Prove us wrong - mizzouSECedes STL - 3/16 16:24:22

So when did you serve my patriotic friend?(nm) - Mo Texan MU - 3/16 16:29:20

You are encouraging them to lock in their losses - tman MU - 3/16 16:10:49

I'm not encouraging anything. It would simply be allowing - TigerJackSwartz MU

- 3/16 16:13:39

They have access now. You are just making it - tman MU - 3/16 16:59:32

Let the dumb, be dumb (nm) - mizzouSECedes STL - 3/16 16:17:32

Good idea. Should be tax free. - ummmm MU - 3/16 16:08:44

People can access their money right now anyway - TigerJackSwartz MU

- 3/16 16:10:25

Yes, that's the problem. (nm) - ummmm MU - 3/16 16:11:18

Anyone who does that deserves to live on the street - mizzouSECedes STL - 3/16 16:08:36

Better than welfare. (nm) - ummmm MU - 3/16 16:09:01