Word: savings
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Dates: during 2000-2009
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...have even peeked at your account statements in the past year, it's painfully obvious that something is wrong with the way we save. The tax-deferred 401(k) plan, and others like it, such as the 403(b) and the IRA, have become our nation's go-to retirement piggy bank. Invented nearly 30 years ago as an executive perk - one more way to dodge Uncle Sam - the 401(k) was never meant to replace the employer-guaranteed pension fund, supplemented by Social Security, as the cornerstone of our nation's retirement system. But propelled by a combination...
...people who shared their financials with us would have been better off in a pension. And nearly all of them, save possibly Maul, do not have the resources they need to live another 20 years in financial comfort. "It's the biggest scam ever put over on the American people," says Dennis O'Neil, a former human-resources executive who worked for Occidental for 29 years...
...Harvard sites ranging from the information center to departments to dining halls, one Bank visitor wanted to extend thriftiness to the most intimate of student hangouts—and no, we don’t mean the plan to go old-school, circa 1636, and reopen the fireplaces to save on the heating bill. Instead, one anonymous contributor boldly suggested, “Make people buy their own toilet paper...
...living legacy of Mitterrand. The left is still furious at him for agreeing to serve under Sarkozy. Still others want to make him pay for his sophisticated and cultured persona, and colorful private life that he's intentionally used to provoke people with over the years." Mitterrand may yet save his job now that he has denied sex with minors and condemned the sexual tourism he has admitted to. However, serious questions will remain about his judgment...
...Read "Is France Doing Enough to Save Its Historic Buildings...