The Rich Dad Company
Region: US
Wednesday 18 January 2023 16:43:21 GMT
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rauldiaz835 :
and all that goes right out the window when a market crash occurs.
2023-01-18 22:37:20
38
Rocky Rodriguez :
Corporations pass off those taxes to their employees to pay it off.
2023-01-19 02:21:08
6
Big papa :
Biggest scam ever pulled on employees
2023-01-19 03:31:34
5
cliffcarver836 :
Basically it was a win / win for corporations and now the military has converted to the 401k
2023-01-18 23:30:33
9
jaybramble4 :
The skilled construction union's still provide defined pensions today.
2023-01-18 22:55:26
3
Greg Pugh845 :
401K was creating as a tax haven for the well-off
2023-01-19 01:27:03
3
Pierre🥃 :
It’s so Companies can match your contributions as a write off 😏
2023-01-20 01:58:56
3
Nick Kleiber :
They didn’t want to give you guaranteed money forever in a pension. So they made 401k and on u take it all out they r done paying you.
2023-01-18 23:17:27
2
flyeaglesfly1896 :
it was a way to rip off people's pensions! that's not a thing of the past. myself and my 450k brothers have defined benefit pension
2023-01-18 22:15:17
2
ca_garcia23 :
And thats why I got a job that had a pension!!
2023-01-19 02:01:12
2
Tik Tac :
401(k) refers to the IRS section Code, passed by Congress in 1978.
2023-01-19 02:28:39
3
Steve Underwood :
it became a union grievance. Corporations realized it was cheaper than pensions so they switched it. We lost.
2023-01-19 23:00:36
2
Steven :
I know of the company that only matches up to 6% annually. so if you quit or get fired before December 15th you get absolutely no match for that year
2023-01-18 21:07:34
2
GHST__RIDER :
401K was originally created for rich people, then corporations caught on for everyone, match some 401K contributions to avoid having pensions plans
2023-01-18 21:19:09
1
Papa~Guapo :
It’s basically BS
2023-01-19 22:45:17
1
user1608480918979 :
The 401(k) was created to steal your money
2023-01-19 01:20:58
2
Sla :
401ks are really the worst. It’s how companies control you more rather than having a social freedom
2023-01-20 23:44:10
1
user5913692503734 :
Roth 401k is the best deal ever
2023-01-19 01:49:02
10
Mike :
it’s not a long story they didn’t want to pay pensions
2023-01-20 22:44:27
1
manneycafou :
they get rid of u right b4 maturity & worse even trying to sunset social security.
2023-01-19 03:30:35
1
Legmaker :
Both my parent get a pension, those days are gone. So it’s company loyalty due to being treated like a number.
2023-01-19 20:05:56
1
toddpropheter :
401k were a 90 day continual cash flow for the employer , they would deduct your contribution and have 90 days to hold on to before depositing
2023-01-19 02:50:36
1
Nova936 :
As a business owner my biggest cost & risk our my employees.
2023-01-22 19:40:53
1
Chris murphy32. 🪳 :
A) its like 20$ a paycheck and employee match up to 5% its not that serious
2023-01-18 22:06:02
0
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