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Reply to "Should 401ks be phased out? "
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[quote=Anonymous][quote=Anonymous]Has no one of this thread read secure 2.0? It expands access to 401ks, including requirements to make them more widespread for MC or working class folks. Yes, DB pensions are better but the accounting rule changes for a few decades ago plus 2001 and 2008 stock market changes basically put a fork in that. Unless you have a union with the power to insist on it, DBs are basically impossible. [/quote] Kudos for mentioning the accounting changes for pensions as what sounded their death knell. [/quote]
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