401(k) s to be abolished?

[spinn]

Pelosi wants another Social Security in lieu of 401(k) plans....5% tax forced into GOVT managed pension fund:

House Democrats contemplate abolishing 401(k) tax breaks - InvestmentNews

It is already happening in Argentina http://incentives-matter.blogspot.co...r-private.html

[mortgageLenderGuru]

A lot of people mention trading cost as the hold back. There is a big difference in term of Retail Brokerage (Discount Firm) & Institutional Brokerage. Mutual funds have trading cost but we don't see the actual fees. Within the next few months you will be exposed to an economical solution to offer ETF's in 401k plans. I'm very familiar with Sharebuilder and the next generation solution provides complete transparency and even more efficiencies.

[VexatiousLitigant]

Well that response seemed appropriate.

[Hedwig]

I think he was trying to get his post count up to spam us with links to something. I bet he won't be back.