Don’t trust China, China is asshoe

Oh yeah, I totally forgot to mention the fees! I’m corporate now and I’m the Plan Administrator and when I came in and transitioned our company’s plan, I fought hard on the fees, that the employer pay admin costs, and we have a safe harbor. So if you work for my company, I’m going to encourage you stay in the plan! :) 

Thank you! Financial Planner here. The alternative to the 401k for tax deferral would be an IRA which has FAR lower funding limits. You should take into consideration plan cost too. I’ve seen insane fees, admin costs, expense ratios of 401k in which case the waiting until a match could be argued for.  Ask for the fee…

May I ask what your profession is?

I’m a CPA and I’ve had the pleasure of auditing hundreds of employee benefit plans over my career - even during the Great Recession. Yes, there are companies that match their executives up to the allowable Employer Contribution limit (~$57K) and they need to pass certain…

If one’s wealth is almost entirely tied up in real estate, how are they going to move that?

Explain to me how he’s incorrect.

College is getting easier year over year AND more expensive, so getting a college degree is increasingly becoming a display of wealth rather than educational merit.
If we made some colleges free and (just as important) raised their performance standards, college would become the meritocracy it always should have been.

I’m pretty sure my standards for “good” are higher, or at least different, than what that chart assumes. Or maybe I’m biased because I’ve watched most of the movies on Netflix that I’m interested in, and new ones get added relatively slowly. But there are way more movies on Disney+ that I’m interested in than there…

Blogging: A career where you can collect revenue by voicing the moral high-ground stance, while also collecting revenue through advertising the very thing you are against.

Seeing a black woman hate on Bruno Mars while using a Japanese handle that means “I love you” should be a textbook example of the word irony.

Ummm ok? It’s still incredibly inappropriate for someone with no relationship to said child to call them a “pissant” on a regional radio station.

I’m sure as fuck not watching the documentary to find out but, the important question: WAS Brady’s daughter “being an annoying little pissant”? 

there are a lot of very legitimate reasons not to like her, you mention them, but then gloss over them. She can be kind of awful but is also a victim of a right wing smear campaign at the same time, they aren’t always mutually exclusive. But saying mainstream news pointing out her occasional awfulness means it’s being…

A “properly funded” pension system puts the money away at the right time and invests it at the right rate of return. The right time being during the career of the beneficiary.

Even if they do push 401ks for the new hires, they still have fiduciary duty to keep the rest fully funded.

Most of these pensions that are short are government pensions at the state and local level that weren’t funded correctly or gave away too much during union negotiations. CA and IL and NJ can suck a dick before we bail their asses out.

This isn’t going to work because you have the relationship wrong. YouTube is not the employer of content creators, it is the store they are sold in. Why would the store be considered the employer of the people who make the products sold in the store?

I agree, they do a pretty good job keeping employers honest. BUT — unions occasionally levy unreasonable demands, like defined benefit retirement plans which are simply not sustainable. I’m a little scarred by the UAW from how much they pressured the Big 3 to fund those pensions during the recession. It’s their…

While unions had their place back in the day, I think it has been proven very well by Toyota, Nissan, Mercedes, BMW and VW at their American plants that you can pay a living wage, benefits and bonuses without the burdensome overhead of a union. Maybe Musk should do a COLA adjustment, but otherwise I don’t think a…

They did win a Super Bowl - just not that one.