The Truth Behind Hidden Fees in 401(k) Plans (Part 2/3)

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Uploaded by on Jun 25, 2008

If you ever plan on retiring, you've got to see this.

Part 2 of 3

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News & Politics

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  • @matt888444 I do understand your point, but the government has programs that are tax free and you don't need "permission" to touch "your own money" like 401k rules are, if you face a crisis. These are for everyday individuals that are looking to retire. Do some research and you will find this information to be very helpful

  • @matt888444 $30,000.00 can get $3,000.00 up front and 7% annually. I know because I have been able to help individuals that feel just like you. do your research, there is no reason why you should not be earning interest on your money GUARANTEED. There are programs out there that are backed by the FEA, Federal Government, insurance companies that are not tied into the STOCK MARKET. People insure everything but there money. If your house burn down, you are NOT financially secure!

  • in jail u drop the soap u get fuck in life u let som1 control ur money u get fuk financially

  • In addition, If I need money for anything, I simply go to my box and take out whatever CASH I need as simple as that.

    You have NO IDEA how good I sleep at night knowing I have $30,000 in cash right here in my house. I NEVER stress about anything anymore. This is why the older generation put money in a mattress, you sleep very well knowing you are 100% Financially Secure.

  • I don't participate in my companies 401K plan. In fact I had to Opt Out of it to keep them from taking money out of my paycheck.

    5 years ago, I started saving $500 a month in cash. I put the money in a secret box hidden in my house. Today, I have $30,000 in cash that the government doesn't even know about because it's in CASH. You see, I don't want the government to know what I've got. That way they can't STEAL it from me.

  • @lit26 Actually everyone loses because the inflation rate lowers the value of the dollar.Putting your money in the bank gives you nearly nothing in interest,and as you've seen,any other scheme to beat inflation has ended up robbing investors big time.The system is rigged all the way around - with the help of the government.

  • great information! i am 27 and ahve always 2nd thought 401 k but if amaricans were strong and could just save money on their own we would not need 401k. its all a scam. its liek the lottery, some win many lose

  • time to string up all the fat cats.

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