thestatedtruth.com | June 9, 2011
About a year ago Zero Hedge posted an article…..”Record Number Of Americans Using Retirement Funds As Source Of Immediate Cash” after a report by Fidelity uncovered that “plan participants with loans outstanding against their 401(k) accounts had reached 22 percent versus 20 percent a year earlier.” Well guess what? The new number is now 30% […]
thestatedtruth.com | March 1, 2011
Well, this is a deep subject, no pun intended, suffice to say 401K’s are not the only way states can help their pension funds. They can manage them more wisely and put less faith into Wall Street. The financial collapse, poor management and the housing bubble are amoung the reasons these plans are in crisis. Here are some definitions: A defined benefit […]
thestatedtruth.com | February 21, 2011
The average person doesn’t realize the shortage they will likely be faced with in retirement!Â
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