View Single Post
  #33   Report Post  
P. Fritz
 
Posts: n/a
Default


"Dan Krueger" wrote in message
ink.net...
Harry Krause wrote:

Dan Krueger wrote:

Harry Krause wrote:

Dan J.S. wrote:


Knowing that 2-3 grand from each vehicle is made to pay for some
employee retirement plan is enough for me to say screw that! I would
rather if that 2-3 grand was spent in making the truck not fall
apart after 5 years.




You're opposed to employee retirement plans?


A 401K is a great retirement plan.

Dan




Not compared to a defined benefit plan, but they're ok in conjunction
with one. Perhaps you trust large corporation financial officers and

the
CPA firms that suck up to them; I don't. Too many perfectly legal ways
to cook the books.

Mine was through Fidelity. I rolled it into an IRA when I started my
business. Employers are required to send the funds to 401K plans.

Union retirement plans are fully funded?


Not for long...........