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Reply to "Should 401ks be phased out? "
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[quote=Anonymous]I was at an international meeting a while ago where the financial pressures on European pension systems were discussed. The Europeans were looking into 401k/IRA solutions to ease off people's dependence on pensions to lower the fiscal burden on states. Not sure where the effort stands, but it is challenging as the EU does not have a central system of taxes.[/quote]
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