Good news for our 401k

[3838373]

Lower fees starting Oct 1.... I believe we already have very low fees, now even lower!

 

[retiredTxfeeder]

yeah, I got the letter last week as well. Some dropped and some stayed the same. good news for participants. It is unusual to get good news these days. lol

 

[upschuck]

When I got the letter and said there were changes, I thought for sure they were going up, but was pleasantly surprised to see they are dropping.

 

[instantK]

Now only if they'd start matching

 

[upschuck]

Now only if they'd start matching

I'd rather have the pension, than a match of a couple percent.

 

[UpstateNYUPSer(Ret)]

Now only if they'd start matching

In addition to your pension? Isn't that a bit greedy on your part?

 

[instantK]

NO not really greed.(Im sure you have showed plenty of greed in your life so stop with the BS)
Dont worry we wont have a pension one day....

 

[UpstateNYUPSer(Ret)]

NO not really greed.(Im sure you have showed plenty of greed in your life so stop with the BS)
Dont worry we wont have a pension one day....

Asking for both a defined benefit pension plan and a company match for our 401k is textbook greed.

 

[instantK]

pot calling the kettle black... if they match i'll give my bank account you can transfer it over...

btw really owning an type of materialistic item, living in a bigger house, car, etc. is a form of greed... 99.8% of the north American society has this

greed keep us employed.. people want and buy more and more crap which is useless...

enough with rant. I understand your point, Yes I want more money simply to save more not to buy CRAP

 

[UpstateNYUPSer(Ret)]

I live well below my means now so that I can enjoy a comfortable retirement later.

 

[Wally]

I'm greedy as hell, so is my employer.

 

[instantK]

Ok. We have an agreement then

 

[brownmonster]

I've always been concerned about the fees. I need that extra dollar a month down the road.

 

[upschuck]

I've always been concerned about the fees. I need that extra dollar a month down the road.

A dollar saved, is a dollar earned.

 

[instantK]

If you save 1 dollar a day from age 18 to 65 invested earning around 10% you will have around $350,000...

 

[Brownslave688]

I'd rather have the pension, than a match of a couple percent.

I'd rather have a match of 6-8%

 

[IVE GOTTA PACKAGE 4U]

I've always been concerned about the fees. I need that extra dollar a month down the road.

Strippers?

 

[upschuck]

I'd rather have a match of 6-8%

National average is 4.1%, and can raise or lower it at their whim.

 

[Brownslave688]

National average is 4.1%, and can raise or lower it at their whim.

We could easily have it in the contract how much they are to give us.

The union would rather spread our wealth around though.

 

[upschuck]

We could easily have it in the contract how much they are to give us.

The union would rather spread our wealth around though.

Mine is single employer, you all should get into that plan too. 105% funded.