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Biden retirement proposal would overhaul traditional 401(k) tax benefits


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Posted
1 hour ago, SmashMouth said:

I have no issue as long as FWT becomes a flat tax. That’ll never happen. 

Nope, never will.  Biden coming up with one more way to punish hard working folks that aren’t paying their “fair share”.

Maybe folks will wake up when their 401K contributions are messed with.

Posted
1 hour ago, LumRaiderFan said:

Nope, never will.  Biden coming up with one more way to punish hard working folks that aren’t paying their “fair share”.

Maybe folks will wake up when their 401K contributions are messed with.

Mine already have been with the freakin China Virus crap. Let’s vote this pandemic Reaction outta here. 

Posted
12 hours ago, SmashMouth said:

Mine already have been with the freakin China Virus crap. Let’s vote this pandemic Reaction outta here. 

Really?  Mine have rebounded.  With new contributions I'm already above pre-Covid numbers.  Are your holdings super conservative?

 

Posted
15 minutes ago, CardinalBacker said:

Really?  Mine have rebounded.  With new contributions I'm already above pre-Covid numbers.  Are your holdings super conservative?

 

Been up and down but with an upward move. Last couple weeks have been great. 

Posted

I'm trying to decide if I want to pull way back in the next 6 weeks or so based on possible fluctuations caused by the Presidential Elections.  I'm predicting that the market will do a temporary downward correction if becomes apparent that Biden will win.  I'd rather be on the sidelines if that happens, but I think it'll be built in before the actual election. 

 

Posted
58 minutes ago, CardinalBacker said:

Really?  Mine have rebounded.  With new contributions I'm already above pre-Covid numbers.  Are your holdings super conservative?

 

Mine have rebounded and more at this point. 

Posted
40 minutes ago, CardinalBacker said:

I'm trying to decide if I want to pull way back in the next 6 weeks or so based on possible fluctuations caused by the Presidential Elections.  I'm predicting that the market will do a temporary downward correction if becomes apparent that Biden will win.  I'd rather be on the sidelines if that happens, but I think it'll be built in before the actual election. 

 

That's not a half bad idea.

Posted
4 hours ago, CardinalBacker said:

Really?  Mine have rebounded.  With new contributions I'm already above pre-Covid numbers.  Are your holdings super conservative?

 

Mine gave rebounded close to where they were, but not to where they should’ve been sans Covid. 

Posted
1 minute ago, Reagan said:

Why do they NEVER talk about cutting spending?!

No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!

Ronald Reagan

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