yes, as we have taken care of the retirees of hundreds of companies devoured by "prvate equity.'Do you think commie Kamala will make sure those employees have comfortable retirement or even care if they can retire at all? NO. Most 401K's have diverse investments in many large cap stocks... Explain to me how that can be "stolen".
lolol the 401 ks are not usually meddled with, it is the company retirement plans that the corporate raiders target. we even have an entitlement that assists retirees when their benefits are stopped by the hedge funders or whoever.Do you think commie Kamala will make sure those employees have comfortable retirement or even care if they can retire at all? NO. Most 401K's have diverse investments in many large cap stocks... Explain to me how that can be "stolen".
PBGC pays monthly retirement benefits to more than 800,000 retirees in nearly 5,000 terminated single-employer defined benefit pension plans. Including those who have not yet retired and participants in multiemployer plans receiving financial assistance, PBGC is responsible for the current and future pensions of about 1.5 million people and insures the pensions of more than 35 million participants in ongoing plans.[6]
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