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Personal Finance and Investing

Wellstone ruled

(34,661 posts)

5. Do recall what

Reply to progree (Reply #4)

Sat Dec 12, 2020, 03:19 PM

Dec 2020

Senator Roth wrote shortly after he was able to ram rod the 401 case through the Senate,back in the day,in order to provide a Tax exemption tool for the Exec's at DuPont and IBM and Dow Chemical. Roth said something to the likes of,we will allow companies to offer this as a alternative to a Defined Pension in a effort to hold down the Influence of Organized labor.

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Congress looking to change or even abolish this key 401(k) provision [View all] question everything Dec 2020 OP

As a Broker Wellstone ruled Dec 2020 #1

When I take an RMD, I just transfer it to another "market based so called savings plan" progree Dec 2020 #2

First of the RMD Wellstone ruled Dec 2020 #3

I think its all about increasing the money doing "Market Investing" progree Dec 2020 #4

Do recall what Wellstone ruled Dec 2020 #5

I didn't realize that companies were required to offer a defined benefit plan progree Dec 2020 #6

Like most so called plans Wellstone ruled Dec 2020 #7

Companies were never required to offer a defined benefit plan. PoindexterOglethorpe Dec 2020 #8