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Personal Finance and Investing

Wellstone ruled

(34,661 posts)

1. As a Broker

Reply to question everything (Original post)

Sat Dec 12, 2020, 02:11 PM

Dec 2020

acquaintance said alarmingly,Wall Street is scared to death of what is happening as a Result of Covid and now the mega unemployment numbers. People are pulling their Savings and Selling out their 401's as well as their IRA's,paying the penalties because they are in urgent need to save themselves from being on the Streets.

This Legislation is all about you and I not taking our money out of the Markets . All those market based so called savings plans total in the Trillions.

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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