jeffreymo
Familiar Member
Joined: Jan 21, 2011 12:32:17 GMT -5
Posts: 968
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Post by jeffreymo on Aug 8, 2017 12:36:18 GMT -5
It's sad. I have an employee who received a pension buyout that was rolled into the 401k plan. Her first and only contribution in her 15 years with the company was forced on her. It wasn't much but of course she immediately took a loan out after she discovered she couldn't withdraw it. I bring up the subject with her every now and then. She doesn't plan on living past the age of 60, and in any event her plan is for her children to take care of her. It's a messed up co-dependent situation now and I guess they're all in agreement that the roles will reverse when she decides she doesn't want to work anymore.
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