Comments on: Your employer may be stealing from you! http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/ How to make 7 million in 7 years ... Sat, 11 Feb 2012 22:32:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The New Lexus 401k Hybrid …- 7million7years http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/comment-page-1/#comment-18137 The New Lexus 401k Hybrid …- 7million7years Fri, 15 Jul 2011 10:09:45 +0000 http://7million7years.wordpress.com/?p=820#comment-18137 [...] funds and services; the problem is, these help the employer – not you. Worst of all, they cost you money. So, why not eliminate them? Simple: [...] [...] funds and services; the problem is, these help the employer – not you. Worst of all, they cost you money. So, why not eliminate them? Simple: [...]

]]> By: Steve http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/comment-page-1/#comment-2053 Steve Thu, 18 Dec 2008 00:51:39 +0000 http://7million7years.wordpress.com/?p=820#comment-2053 Your Quite welcome Adrian. I just found that article by mistake and it seemed so cruel(to be giving kick backs to the employer like that,with our money no less), that I felt the need to share with everyone. As you have stated, what the people here do with this information is totally up to them, But at the very least, You need to go into any contract informed. And a 401 K is just that, a contract. Your Quite welcome Adrian. I just found that article by mistake and it seemed so cruel(to be giving kick backs to the employer like that,with our money no less), that I felt the need to share with everyone.
As you have stated, what the people here do with this information is totally up to them, But at the very least, You need to go into any contract informed. And a 401 K is just that, a contract.

]]> By: Adrian http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/comment-page-1/#comment-2052 Adrian Tue, 09 Dec 2008 21:27:50 +0000 http://7million7years.wordpress.com/?p=820#comment-2052 @ moneymonk - Plan B sounds good to me :) @ Jeff - I can't imagine that a gov't agency would get away with the sorts of things that Big Corporate HR seems to be able to get away with ... since when are humans 'resources' anyway? @ moneymonk – Plan B sounds good to me :)

@ Jeff – I can’t imagine that a gov’t agency would get away with the sorts of things that Big Corporate HR seems to be able to get away with … since when are humans ‘resources’ anyway?

]]> By: Jeff http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/comment-page-1/#comment-2051 Jeff Tue, 09 Dec 2008 21:03:17 +0000 http://7million7years.wordpress.com/?p=820#comment-2051 It appears Uncle Sam actually got it right in this case. US Gov't Thrift Savings Plan (401K for Govt Employees) has a <a>0.015% (no joke)</a> expense ratio for all funds. My money is tied up in the a Total Stock Market Index fund. Other funds cover S&P 500 Index, EAFE Index, Gov and corporate bonds, etc. -Jeff It appears Uncle Sam actually got it right in this case.

US Gov’t Thrift Savings Plan (401K for Govt Employees) has a 0.015% (no joke) expense ratio for all funds.

My money is tied up in the a Total Stock Market Index fund. Other funds cover S&P 500 Index, EAFE Index, Gov and corporate bonds, etc.

-Jeff

]]> By: moneymonk http://7million7years.com/2008/12/08/your-employer-may-be-stealing-from-you/comment-page-1/#comment-2050 moneymonk Mon, 08 Dec 2008 19:34:40 +0000 http://7million7years.wordpress.com/?p=820#comment-2050 I see what u are saying. My 401k is mainly index funds with the exception of one growth fund which is .96% not bad I do hate the "cannot get funds until retirement age" I call it get rich slow. I better work on plan B I see what u are saying. My 401k is mainly index funds with the exception of one growth fund which is .96% not bad

I do hate the “cannot get funds until retirement age” I call it get rich slow. I better work on plan B

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