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Personal Finance and Investing

Shermann

(8,779 posts)

1. If they add the matching contributions, it would be significant

Reply to sl8 (Original post)

Sun Jun 5, 2022, 06:12 AM

Jun 2022

Focusing on auto-enrollment is rearranging the proverbial deckchairs on the Titanic.

It's astounding that so many are oblivious and/or opposed to the idea of retirement savings. Rest assured that when the savings from auto-enrollment creeps up to a noticeable amount, those anti-savers will wake up and find ways to loot it. I don't think "Pew Charitable Trusts" accounted for that.

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There's a push in Congress for a new national retirement plan to fill big savings gap [View all] sl8 Jun 2022 OP

If they add the matching contributions, it would be significant Shermann Jun 2022 #1

More fuckin' socia -- no it's Communism. Gub'mint getting involved in banking. 3Hotdogs Jun 2022 #2

This imples IRAs - the great Republican freedom from Social Security - have been a flop bucolic_frolic Jun 2022 #3

They aren't a flop for high-net-worth individuals Shermann Jun 2022 #5

If Republicans think that more forced savings are in order, up the FICA tax Chainfire Jun 2022 #4

How about simply beefing up Social Security so it gives a livable income to all who are eligible? Midnight Writer Jun 2022 #6

Would be fine, if it works. TSP was good for us. elleng Jun 2022 #7