What's your point, Bill? This is going *away* from a 401(k). On Tue, Feb 13, 2024 at 2:06 PM Dave Beagle < [email protected]> wrote:
> Pension plans have been going away for decades. 401k’s have been replacing > them except in public jobs and some union jobs. That’s how capitalism works. > > > Sent from Yahoo Mail for iPhone > > > On Tuesday, February 13, 2024, 1:38 PM, zMan < > [email protected]> wrote: > > "The company has stopped making contributions to 401(k) accounts, and > instead gives workers cash credits in a new version of its old pension > plan." > > https://www.nytimes.com/2024/02/09/business/ibm-pension-plan.html > (login required but surely will be elsewhere as well) > > IBM plays more financial engineering games. > -- > zMan -- "I've got a mainframe and I'm not afraid to use it" > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > -- zMan -- "I've got a mainframe and I'm not afraid to use it" ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
