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Strike survival!!! Dump your stock!! Cash in some 401k!! Sell on ebay!!!
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<blockquote data-quote="brett636" data-source="post: 1099735" data-attributes="member: 249"><p>Whatever happened to simply paying off debt and putting a steady amount of money each paycheck into a savings account? Seems a lot more reasonable and less time consuming then this advice. Selling company stock takes time and increases your taxable income when you file your taxes. Taking money out of your 401k triggers a 10% penalty plus your regular tax rate if you are not age 59 and a half not to mention getting that money can prove to be very difficult given the strict rules regarding withdrawals from our 401k program. Personally I don't see a strike happening, but some simple financial decisions to prepare yourself for one isn't a terrible idea.</p></blockquote><p></p>
[QUOTE="brett636, post: 1099735, member: 249"] Whatever happened to simply paying off debt and putting a steady amount of money each paycheck into a savings account? Seems a lot more reasonable and less time consuming then this advice. Selling company stock takes time and increases your taxable income when you file your taxes. Taking money out of your 401k triggers a 10% penalty plus your regular tax rate if you are not age 59 and a half not to mention getting that money can prove to be very difficult given the strict rules regarding withdrawals from our 401k program. Personally I don't see a strike happening, but some simple financial decisions to prepare yourself for one isn't a terrible idea. [/QUOTE]
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Strike survival!!! Dump your stock!! Cash in some 401k!! Sell on ebay!!!
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