Home › Forums › Financial Markets/Economics › European nations begin seizing private pensions
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May 11, 2011 at 12:53 PM #695626May 11, 2011 at 1:46 PM #694492
briansd1
Guest[quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.
May 11, 2011 at 1:46 PM #694576Guest[quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.
May 11, 2011 at 1:46 PM #695180Guest[quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.
May 11, 2011 at 1:46 PM #695329Guest[quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.
May 11, 2011 at 1:46 PM #695681Guest[quote=Rich Toscano][quote=briansd1]How about when the government bails out private pensions?
Don’t you think that the value of the your 401k has been help up by Federal action?[/quote]
In the short term, yes.
In the long term (the timeline that matters), absolutely not.[/quote]
It depends what your timeline is. If you only have 20 to 30 to live, I think that you should be glad that the government didn’t let the system collapse in 2008.
May 11, 2011 at 1:57 PM #694507Guest[quote=Aecetia]”The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.”
I hope this does not catch on here. First they came for the pensions, then the 401’s, next they took the safety deposit boxes….[/quote]
Ireland has some of the lowest corporate rates in the developed world.
from the article you quoted:
Unwilling to budge on the country’s low corporate tax rate, Enda Kenny’s Irish government has chosen to target pensioners for funds to grow the economy. Whether it turns out to be an example to other countries seeking alternative ways to raise revenues with aging populations is yet unknown.
May 11, 2011 at 1:57 PM #694591Guest[quote=Aecetia]”The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.”
I hope this does not catch on here. First they came for the pensions, then the 401’s, next they took the safety deposit boxes….[/quote]
Ireland has some of the lowest corporate rates in the developed world.
from the article you quoted:
Unwilling to budge on the country’s low corporate tax rate, Enda Kenny’s Irish government has chosen to target pensioners for funds to grow the economy. Whether it turns out to be an example to other countries seeking alternative ways to raise revenues with aging populations is yet unknown.
May 11, 2011 at 1:57 PM #695195Guest[quote=Aecetia]”The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.”
I hope this does not catch on here. First they came for the pensions, then the 401’s, next they took the safety deposit boxes….[/quote]
Ireland has some of the lowest corporate rates in the developed world.
from the article you quoted:
Unwilling to budge on the country’s low corporate tax rate, Enda Kenny’s Irish government has chosen to target pensioners for funds to grow the economy. Whether it turns out to be an example to other countries seeking alternative ways to raise revenues with aging populations is yet unknown.
May 11, 2011 at 1:57 PM #695344Guest[quote=Aecetia]”The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.”
I hope this does not catch on here. First they came for the pensions, then the 401’s, next they took the safety deposit boxes….[/quote]
Ireland has some of the lowest corporate rates in the developed world.
from the article you quoted:
Unwilling to budge on the country’s low corporate tax rate, Enda Kenny’s Irish government has chosen to target pensioners for funds to grow the economy. Whether it turns out to be an example to other countries seeking alternative ways to raise revenues with aging populations is yet unknown.
May 11, 2011 at 1:57 PM #695696Guest[quote=Aecetia]”The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.”
I hope this does not catch on here. First they came for the pensions, then the 401’s, next they took the safety deposit boxes….[/quote]
Ireland has some of the lowest corporate rates in the developed world.
from the article you quoted:
Unwilling to budge on the country’s low corporate tax rate, Enda Kenny’s Irish government has chosen to target pensioners for funds to grow the economy. Whether it turns out to be an example to other countries seeking alternative ways to raise revenues with aging populations is yet unknown.
May 11, 2011 at 8:51 PM #694669GH
ParticipantBy the time I retire Social Security will almost certainly be what it probably should have been to begin with and that is a safety net.
Thus if I have saved and invested wisely I doubt I will qualify.
I am fine with this, but let me save my own money and stop contributing as much into a fund which many have lamented is everyones play thing.
May 11, 2011 at 8:51 PM #694753ParticipantBy the time I retire Social Security will almost certainly be what it probably should have been to begin with and that is a safety net.
Thus if I have saved and invested wisely I doubt I will qualify.
I am fine with this, but let me save my own money and stop contributing as much into a fund which many have lamented is everyones play thing.
May 11, 2011 at 8:51 PM #695358ParticipantBy the time I retire Social Security will almost certainly be what it probably should have been to begin with and that is a safety net.
Thus if I have saved and invested wisely I doubt I will qualify.
I am fine with this, but let me save my own money and stop contributing as much into a fund which many have lamented is everyones play thing.
May 11, 2011 at 8:51 PM #695505ParticipantBy the time I retire Social Security will almost certainly be what it probably should have been to begin with and that is a safety net.
Thus if I have saved and invested wisely I doubt I will qualify.
I am fine with this, but let me save my own money and stop contributing as much into a fund which many have lamented is everyones play thing.
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