Off-Topic: I have read about the Proposal
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Name:   Talullahhound The author of this post is registered as a member - Email Member
Subject:   I have read about the Proposal
Date:   3/25/2010 3:22:59 PM

to allow people to transfer their 401K funds into gov't bonds. I'm sure that given the devastation that the market inflicted on some people's 401Ks, this may look like a good option. Personally, I wouldn't do it, but for some risk adverse people, it would give them some security.

I saw a poll the other day that a staggering percentage of people polled had less than $10,000 put away for retirement. So maybe requiring people to put money into a government fund for retirement may not be such a bad thing. They could be protected from a company going belly up and their retirement funds going with it. If it was mandatory and taken out of their pay directly, they wouldn't have a choice. I'm not saying that it's the ideal, but I'm saying that it might not be a bad option. Look at the number of people that have SS as their only retirement fund.


And you could be right that the funds could become "government" funds for them to tap into, just like SS. And that shouldn't be permitted.

You see MM, I like to turn these ideas around in my mind. I don't rush to judgement, and I certainly don't bust a gut about a mere proposal.
Other messages in this thread:View Entire Thread
Proposal by the President of the SEIU - lotowner - 3/24/2010 4:00:46 PM
     Proposal by the President of the SEIU - GoneFishin - 3/24/2010 4:42:21 PM
          Proposal by the President of the SEIU - lotowner - 3/24/2010 4:58:39 PM
               Proposal by the President of the SEIU - lotowner - 3/24/2010 5:05:38 PM
          GF, makes you proud to be a democrat - wix - 3/24/2010 6:45:32 PM
     Proposal by the President of the SEIU - Talullahhound - 3/24/2010 5:14:38 PM
          Hound, you are wrong once again - MartiniMan - 3/24/2010 5:24:06 PM
               I'm not Wrong - Talullahhound - 3/25/2010 8:27:25 AM
                    I'm not Wrong...maybe - Yankee06 - 3/25/2010 10:31:23 AM
                         I have read about the Proposal - Talullahhound - 3/25/2010 3:22:59 PM
                              And what the HE!! is SS. - Lifer - 3/25/2010 6:51:57 PM
                    Yes you are!!! - MartiniMan - 3/25/2010 11:28:50 AM
                         Huh? Not consider the Source? - Talullahhound - 3/25/2010 3:28:42 PM
                              You must be kidding - MartiniMan - 3/25/2010 4:56:27 PM
          Hound, - wix - 3/24/2010 6:41:40 PM
          Proposal by the President of the SEIU - Barneget - 3/24/2010 8:04:34 PM
               Hey Wixieeee - GoneFishin - 3/25/2010 1:16:50 AM
                    Aesop et al - MAJ USA RET - 3/25/2010 8:41:01 AM
                         Aesop et al - Talullahhound - 3/25/2010 9:59:36 AM
                              This is ALL about Options - MAJ USA RET - 3/25/2010 10:27:59 AM
                                   This is ALL about Options - Talullahhound - 3/25/2010 3:27:27 PM
                    Hey GF& Wixieeee&... - Yankee06 - 3/25/2010 10:15:08 AM
                    Hey GF - wix - 3/25/2010 2:31:30 PM
                         Hey WIXIEEEEEEEE - GoneFishin - 3/25/2010 2:56:24 PM
                              Gone - wix - 3/25/2010 6:41:56 PM
               You can - Talullahhound - 3/25/2010 8:30:31 AM
                    You can - Yankee06 - 3/25/2010 12:19:53 PM
                         You can - Talullahhound - 3/25/2010 3:34:04 PM
                              Racism???? - Yankee06 - 3/25/2010 6:34:41 PM
                                   Racism???? - Talullahhound - 3/25/2010 7:52:21 PM
                                        Racism???? Really??? - Yankee06 - 3/25/2010 8:51:24 PM
                                        I'd be done too if I said that many stupid things - MartiniMan - 3/25/2010 9:46:49 PM
                                             For always there are... - MAJ USA RET - 3/25/2010 10:32:44 PM
                                                  For always there are... - MartiniMan - 3/26/2010 11:46:04 AM
                                                       For always there are... - MAJ USA RET - 3/26/2010 7:57:31 PM
          Take racism seriously? - Lifer - 3/25/2010 7:25:08 PM


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