Quote:
Originally Posted by TheSpecialist
Jim are you self employed or do you have an employer?
Even at my last crappy nonunion job 15 years ago, my employer matched the first 6% of what I put into my 401k. If you are self employed thats one thing, if you have an employer who doesn't make any contribution shame on you for allowing that to happen.
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Depends on if it's a small business and how established it is. Many small businesses don't have the overhead to provide a substantial match on their 401k.
The cliche union mentality in your post is amusing "if you have an employer who doesn't make any contribution
shame on you for allowing that to happen." In the non-unionized world, employers are the ones to set what compensation is and potential employees can accept them or find a different job that compensates the employee in a way the employee feels is appropriate. In the unionized world, the union workers operate as though they are entitled to dictate the terms of their employment and press the employer (or taxpayer) for all that they're worth.