Author: James Butler

Neither political party dares reveal the US middle class is broke, finished off by medical bankruptcies and depleted IRA’s. Politicians promise empty economic Amway-like schemes.

Pastor Jim

The 401(k) plan was never meant to be a mainstream pension plan and is a poor substitute for one. It’s a voluntary program that was intended to supplement retirement savings —  one of those quirky little options in the byzantine tax code that employers seized upon as a way to save money while pretending that they were doing the right thing by their employees.

John F. Wasik, Forbes, 2013