General Discussion
In reply to the discussion: There's talk of capping 401(k) contributions at $2,400 per year [View all]extvbroadcaster
(343 posts)They don't want average people to have anything. They want you to work until you die. I am close to retirement age but I can't do it. The health insurance would eat my whole pension. I would love to retire and give my job to a younger man. Can't do it. Now, they want my 401K. If they do something really bad, they will come in and take part of it for "taxes" - confiscation of my money by the government. The deal was I would pay taxes when I was withdrawing it in retirement. I am happy to do that. But now to come along and change the rules, cut the amounts you can save and take taxes now? It is just like Social Security. I have been putting in since I was 15 years old and started working. I will be taking that at 62 before they fuck me out of it. It is at the point where no matter how much you have worked or saved, you can't retire. Your only hope is to die rather quickly. I am beyond sickened by what has happened to this country. Trump and the GOP don't give a shit about anybody but themselves and their rich friends. All those dumb ass coal miners and idiot voters that wanted "change" - well, you got it. A huge boning up America's ass with no lube. How's that for change? See you under the bridge where we will all be living. You bring the tuna fish.