1989
Well-Known Member
So, that's all you got...smart guy?
Nys teamsters pension & retirement fund
- Thread starter 3 done 3 to go
- Start date
1989
Well-Known Member
Must be hard at parties being the smartest guy in the room.
oldngray
nowhere special
Its a blessing .. and a curse?
Brownslave688
You want a toe? I can get you a toe.
He admitted that he and his wife had grown great wealth thru defined contribution plans.
Then proceeds to talk about how bad they are for "normal" people.
Is that not condescending to you?
Brownslave688
You want a toe? I can get you a toe.
I keep some dumb friends around like @RonBurgandy?????????? so that I appear normal.
1989
Well-Known Member
I heard him say the pension works until you start fleecing from them.
Brownslave688
You want a toe? I can get you a toe.
Annuities work, whole life works, but they are the last thing a good financial advisor will tell you to spend your money on.
yea at the beginning he says specializations are much more efficient at performing work than everyone trying everything.
I always thought it was wierd as well making my own decisions about investments.
you should watch it. i will post more here since someone is screwing UPS workers
this is probably a reputable organization as ralph nader started it. check it out. i feel bad for you guys.
Pension Rights Center
Pension Rights Center
Brownslave688
You want a toe? I can get you a toe.
But shouldn't we have a choice in who makes those decisions for us?
Very high fees charged on those.
look man, im not an expert on this other than the number of workers with pensions is shrinking amidst record corporate profits. all i know is where to look to get some general answers.
david cay makes a good point that if you needed surgery, you shouldnt be the surgeon.
sometimes people shouldnt be left to their own decisions; like speed limits for example.
The biggest problems are is the math they use to calculate pensions.
Brownslave688
You want a toe? I can get you a toe.
That's why you hire a professional if you're not comfortable doing it.
You choose your surgeon or plumber or roofer no?
It's not like they say oh you live on west street this is who you get.
Brownslave688
You want a toe? I can get you a toe.
Common core?
Common thief
yea im thinking of something else, the one where they match part of what you invest. i had that on the local railway
Federal Treasury Department approves potential Teamster pension cuts
Not everyone favors the cuts.
Karen Friedman, policy director at the Washington, D.C.-based Pension Rights Center, believes the federal government should do more to backstop troubled pensions.
They favor cutting some large tax loopholes for the wealthy in order fund an account that could be tapped by various pensions worried about their futures.
She noted that the Treasury Department, after several years of saying “no” to pension cut plans, seems to shifting its stance. They recently approved a similar reduction plan for a Cleveland-based ironworkers union.
“There trend is going to be to approve these applications,” she said.
Not everyone favors the cuts.
Karen Friedman, policy director at the Washington, D.C.-based Pension Rights Center, believes the federal government should do more to backstop troubled pensions.
They favor cutting some large tax loopholes for the wealthy in order fund an account that could be tapped by various pensions worried about their futures.
She noted that the Treasury Department, after several years of saying “no” to pension cut plans, seems to shifting its stance. They recently approved a similar reduction plan for a Cleveland-based ironworkers union.
“There trend is going to be to approve these applications,” she said.
Similar threads
