Word: pensioned
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...Want My 401(k)! I read Justin Fox's article with horror [Dec. 15]. The basic premise: a government-run pension is more secure than my 401(k). Curiously, I saw no mention of a current government program called Social Security - one the government has handled so expertly I probably will never get to collect from it. Now those same people think they can do better with retirement funds? It is easy to make decisions when the rules don't apply to you. No members of government will have to worry about their pension or medical care. The market works...
...rules Madigan is now playing by - and really never left. Over more than 30 years, he has pushed through legislation on such issues as education, electrical deregulation, child-predator laws, medical and mental-health care and, recently, a transportation tax that had him butting heads with union officials over pension and retirement issues...
...even if your need were bizarre and your collateral nonexistent? Wouldn't your soul be soothed if Will Smith were a Treasury agent who gave you a six-month extension on the pile you owe the IRS? You needn't be a financial tycoon to get a home- or pension-saving Christmas gift - not when these two stars are playing Santa...
...Retirement Jitters Re Justin Fox's article on pensions and retirement plans: allowing individuals to invest their savings in real growth opportunities is the best path to financial security [Dec. 15]. The government cannot guarantee a 3% return over inflation. We already have a national pension system called Social Security, which is going bankrupt. All pension plans, regardless of the form, depend on real economic growth. You would better serve your readers by educating them to these realities rather than indoctrinating them with the obfuscations of self-serving Democratic politicians. There are real solutions out there. TIME should uncover...
Allowing individuals to invest their savings in real growth opportunities is the best path to financial security. The government cannot guarantee a 3% return over inflation. And we already have a national pension system called Social Security, which is going bankrupt. All pension plans, regardless of the form, depend on real economic growth. You would better serve your readers by educating them to these realities rather than indoctrinating them with the obfuscations of self-serving Democratic politicians. There are real solutions out there. Time should uncover and report them. Thomas Maskell, POLAND, OHIO...