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the state of finance and 401K

submitted by Hitlerwasrightwasnthe to TellTalk 1.6 yearsSep 25, 2023 10:05:40 ago (+1/-0)     (TellTalk)

I was given a 401K by my company and recently decided to check it out. The financial markets must be desperate to take peoples' money because the values they were giving me were outright insane. The company decided to match half for every dollar up to 8%. So for 8% you put in, they give you 4% for a total of 12. That wasn't the bad part. The 401K company had a very hidden "opt out" setting to increase your contribution rate to 15%, 1% a year on top of downright scaring you with bold font and red letters to increase your contribution rate to 13% or more. They even had a goy chart to show you what everyone else was doing which i thought was cute. No way could that chart be altered or fabricated in any way, right? The most insane part is that doing this was to cover only 80% of your salary for retirement ....


4 comments block

Correct, all the vehicles to "save" money are just massive grift to a bunch of filthy kikes. Premature withdrawal fees are codeword for jews get to leave early and cash out, whilst you're left holding the bag. On top of this, jews can steal whatever you have, devalue it and steal as much equity as possible, and FORCE you to pay taxes on the loss. These fucks wont stop until you're broke and dead and they've stolen everything you have. Also, notice how austerity means you live with less, whilst they get to steal even more.

Total 401 (k) plan contributions by an employee and an employer cannot exceed $66,000 in 2023.

Even if the company had a really insanely good year, and wanted to profit share beyond a certain amount, they are legally not allowed to.