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They have proposed the answer, and it's disgusting.

Posted on: March 21, 2020 at 15:08:16 CT
RHAYWORTH MU
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namely, failed pension plans, ss will end up being bailed out by seizing 401K money, because that's where the money is.

Those of us who did the right thing, saved and invested for our future, will be taxed massively, screwed over to help the others.

All in the name of decency and compassion, of course.

So, whatever amount you need for a comfortable retirement, you should double or triple it, when the thieves come calling.
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One more huge problem congress will ignore. Not - GA Tiger MU - 3/21 15:00:06
     Wow then should the government cover all the 401K losses - TGR84 MU - 3/21 15:31:17
          I have no idea what your point is.(nm) - GA Tiger MU - 3/21 15:32:20
               Why should the government secure private pension plans? - TGR84 MU - 3/21 17:21:07
                    ya think? (nm) - ashtray UF - 3/21 17:27:00
               People with government pensionswill need to take less(nm) - tman MU - 3/21 15:49:35
                    Bingo, Government employees are nothing special - TGR84 MU - 3/21 16:42:49
     worked hard, saved,,, and now - fatrat MU - 3/21 15:14:12
          The average rep. doesn't care about all that. They'll - GA Tiger MU - 3/21 15:31:27
     defined benefits pension plans don't work - Ferg STL - 3/21 15:11:36
          Thats the key. Get rid of ALL that kind of pension. Won't - GA Tiger MU - 3/21 15:29:56
               They predominately exist in the public sector today - Ferg STL - 3/21 15:31:56
          Actually they are fairly simple - meatiger MU - 3/21 15:25:33
               huh? - Ferg STL - 3/21 15:29:46
                    Sorry - meatiger MU - 3/21 15:34:38
                         yes, the biggest problem is the public sector - Ferg STL - 3/21 15:37:27
     They have proposed the answer, and it's disgusting. - RHAYWORTH MU - 3/21 15:08:16
          yup(nm) - TigerFan92 MU - 3/21 15:47:13
          I wouldn't begin to argue with that. And almost - GA Tiger MU - 3/21 15:28:49
          Aren't you the dude - Newcatbirdseat MU - 3/21 15:12:59
               Sigh. I've always called for it to be phased out gradually. - RHAYWORTH MU - 3/21 18:05:06
                    nobody has ever called for that - ashtray UF - 3/21 19:21:28
               we paid into those for over 40 years.... - fatrat MU - 3/21 15:15:48




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