Big changes coming in how you save for retirement

[hegemony]

Big changes coming in how you save for retirement

[IndyPoolPlayer]

Letting companies put 401k's into annuities? That sounds like a very dumb idea.

[cv91915]

There are already three hundred forty seven million six hundred twelve thousand one hundred eleven places to open an individual IRA now.

 

What am I missing?

[busted2]

347,612,112

 

How you missed it I will never know.

[Burgerwars]

More ways to save, but if one still is unable to save much, it doesn't help. Anyway, a big change would be incentivizing employers to offer pensions again, not tax deferred savings accounts where the burden is almost entirely on the employee.

One "big change" is to allow people to contribute to 401k plans past 70 1/2 years old. Please promise to shoot me if I still need to save for retirement at that point. We all should be relaxing, sipping pina coladas at the beach full time way before then.