Journal bofkentucky's Journal: FSoF for United airlines 1
What a horseshit settlement, they were down nearly 10 billion in pension contributions? How the hell do you forget to deposit 10 fucking billion in an account?
It is horseshit like this that makes me not trust anyone or anything but myself when it comes to my retirement. My 401(k) is mine, my IRA's are mine, and my bank accounts are mine. Social Security and pensions have always been and will continue to be someone else's money that can be ripped out from in under you no matter if you are 18 or 98. Not to mention both have serious problems with the trustee's dipping their grubby little paws in the accounts when they want a new toy.
Before anyone says, but enron's 401(s) are worthless, the laws have been changed on the precentage of your own company's stock that can make up a 401(k) to protect from those types of situations. I'd actually prefer it to be 0%, but with the employee having the option to select funds containing their own stock if they wish to.
It is horseshit like this that makes me not trust anyone or anything but myself when it comes to my retirement. My 401(k) is mine, my IRA's are mine, and my bank accounts are mine. Social Security and pensions have always been and will continue to be someone else's money that can be ripped out from in under you no matter if you are 18 or 98. Not to mention both have serious problems with the trustee's dipping their grubby little paws in the accounts when they want a new toy.
Before anyone says, but enron's 401(s) are worthless, the laws have been changed on the precentage of your own company's stock that can make up a 401(k) to protect from those types of situations. I'd actually prefer it to be 0%, but with the employee having the option to select funds containing their own stock if they wish to.
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FSoF for United airlines
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