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I A M penison out of money
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<blockquote data-quote="Bubblehead" data-source="post: 4059482" data-attributes="member: 14176"><p>The 401k was conceived as a tax shelter (Kodak) in the 70's, not a retirement vehicle.</p><p></p><p>Companies latched onto the notion in order to shift the onus of retirement planning from the Company to the individual, knowing there would be a significant percentage of employees who would not participate saving them millions.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 4059482, member: 14176"] The 401k was conceived as a tax shelter (Kodak) in the 70's, not a retirement vehicle. Companies latched onto the notion in order to shift the onus of retirement planning from the Company to the individual, knowing there would be a significant percentage of employees who would not participate saving them millions. [/QUOTE]
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