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1: Nov 29, 16:44
2: Nov 29, 08:01
3: Nov 28, 16:19
4: Nov 28, 09:42
5: Nov 27, 18:07
6: Nov 27, 12:04
7: Nov 27, 08:26
8: Nov 26, 18:06
9: Nov 26, 12:05
10: Nov 26, 08:29
11: Nov 25, 18:33
12: Nov 25, 11:12
13: Nov 25, 07:08
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18: Nov 22, 09:09
19: Nov 21, 22:36
20: Nov 21, 14:03
Posts: 167
In response to
"
Yeah come on Havens, surely you would come out of it financially ahead cashing in in August, suffer the penalties and avoid a large share of the crash -- nm
"
by
Loyola
No, because I was not retiring in August. I'm not concerned with short-term gains or loses -- nm
Posted by
Mr. Havens (aka EdwardHavens)
Nov 13 '08, 09:50
(No message)
Responses:
It does seem like a vehicle to allow ordinary Americans put away their cash and enact such early withdrawl penalties so as to make any application of
-
Loyola
Nov 13, 09:56
8
I think you are thinking a 401(k) is one thing, when it's something completely different
-
Mr. Havens
Nov 13, 10:01
You're not tied to the sinking ship here even without invoking the penalties.
-
Will Hunting
Nov 13, 09:58
2
Ok thanks. -- nm
-
Loyola
Nov 13, 10:02
1
he's, like, the 8th person who has said that to you. -- nm
-
Andie - 41 shopping days till X-mas
Nov 13, 10:05
it's a mechanism to encourage people to be able to save for their own retirement, and thus be less of a burden on the government or corporate pensions -- nm
-
znufrii
Nov 13, 09:57
2
Just to promote critical thinking, do you think the US government created this scheme out of concern for your financial well being when you reach
-
Loyola
Nov 13, 09:59
1
why do you think it's a scheme? (i know here, in Canada, anything i contribute to my RSP (same sort of thing) i don't pay tax on in that year.
-
Andie - 41 shopping days till X-mas
Nov 13, 10:01
you do realize this is only for retirement plans? no-one is saying that about other investments? -- nm
-
Andie - 41 shopping days till X-mas
Nov 13, 09:57
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