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Top rate paycheck
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<blockquote data-quote="JL 0513" data-source="post: 2095727" data-attributes="member: 50088"><p>It would indeed suck if all the younger guys get screwed out of a pension, or even just receive deeply cut payouts after forfeiting an employer 401k matching system. If UPS remains strong, I can't see why it would go belly up but you never know. </p><p></p><p>The other unfortunate occurrence is financial collapses inevitably coming wiping out most of the accumulated deductions you've tossed into your 401k for decades. Wouldn't it be lovely if both of these scenarios occurred along with the expected SS crisis? It's not tin hat stuff, just simple arithmetic. 2008 will look like a hiccup. Anyone notice the national debt has doubled in just 8 years?</p></blockquote><p></p>
[QUOTE="JL 0513, post: 2095727, member: 50088"] It would indeed suck if all the younger guys get screwed out of a pension, or even just receive deeply cut payouts after forfeiting an employer 401k matching system. If UPS remains strong, I can't see why it would go belly up but you never know. The other unfortunate occurrence is financial collapses inevitably coming wiping out most of the accumulated deductions you've tossed into your 401k for decades. Wouldn't it be lovely if both of these scenarios occurred along with the expected SS crisis? It's not tin hat stuff, just simple arithmetic. 2008 will look like a hiccup. Anyone notice the national debt has doubled in just 8 years? [/QUOTE]
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