npaden's latest activity
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npaden replied to the thread Social security by the numbers.I quoted your post to point out a factual error. I didn't know what your main point was. If the main point was that 401k plans shift... -
npaden replied to the thread ATV performance at elevation.Putzing around you won't even notice. Full throttle you will bog down. I have a 450 Yamaha Grizzly and it starts cutting out at full...
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npaden replied to the thread Social security by the numbers.Again, this is not true. There are 401k plans out there that do not require any employee contributions. How is that forcing the...
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npaden replied to the thread Social security by the numbers.What you are describing as a negative against 401k's is illegal. And there has been significantly increased reporting requirements to...
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npaden replied to the thread ATV performance at elevation.If you are going to be moving up and down significant elevation you should get a machine with fuel injection. Unless you want to change...
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Bad analogy. That boat will end up costing them way more than the initial investment! 😜
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npaden replied to the thread Social security by the numbers.Just glancing through a few financial statements I would say that the administrative costs on the defined benefit plan I audit is...
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npaden replied to the thread Social security by the numbers.They have these things called target date funds. You select the fund based on your anticipated retirement date and that’s it. The rest...
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npaden replied to the thread Social security by the numbers.I’ll look at a couple plans tomorrow and let you know how much more expensive the defined benefit plan is to maintain and how much lower...
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npaden replied to the thread Social security by the numbers.They don’t have to pay half in a 401k plan. They can make the employee pay half in a defined benefit plan. I know of 401k plans that...
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npaden replied to the thread Social security by the numbers.You do realize that employers are not required to provide any kind of a benefit plan right? And employers with defined benefit plans...
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npaden replied to the thread Social security by the numbers.Buzz, I’ve given you about every possible scenario you can dream up. You said $100k was unrealistic so I gave you $50k and you said...
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npaden replied to the thread Social security by the numbers.I have 401k plans that I audit that have 16% employer contributions with no required employee contributions at all. I have some that I...
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npaden replied to the thread Social security by the numbers.Money doesn’t grow on trees. The employer has a set amount of money they can pay employees. They can contribute 35% of that into a...
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npaden replied to the thread Social security by the numbers.You are arguing in circles. Someone who makes $100,000 is a fantasy but someone who makes $50,000 is also a fantasy? You keep saying...
