Earl (03-24-2019)
https://www.cnn.com/2019/03/20/econo...ent/index.html
Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.
Make America Greedy Again!
Earl (03-24-2019)
evince (03-24-2019)
Rune (03-24-2019)
Earl (03-24-2019)
Stop being such a fucking drama queen. No one is going to starve to death!!!! No one can be forced to take a lump sum retirement payment. They have the option to continue their current plan. Thus you are yelling wolf when there is no wolf!Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
anonymoose (03-24-2019)
we don't teach people finances in this nation
these elderly often spend it out in five years leaving them impoverished
They have gubmint run social security. They will be just fine. They paid into the system remember?
Or at worst, liberals will take them in along with the “refugees” they take in
Earl (03-24-2019)
Sailor (03-24-2019)
True, but what happens when grandma burns thru her lump sum payment with a decade of life ahead of her? Or better yet, the young kid with a decade in decides he wants a new car now rather than security in the future cause he can't see beyond Tuesday?
The country will wind up with another class of poor Americans, the welfare grandma's, and all so that companies, who promised these pensions, can turn another buck
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