Oddbean new post about | logout
▲ ▼
Compromised | 7 months ago (raw) | root | parent | reply | flag +1 
 Woah! So they are forcing you to have that 401k damn
▲ ▼
dimi | 7 months ago (raw) | root | parent | reply | flag 
 Same. Common restriction
▲ ▼
dimi | 7 months ago (raw) | root | parent | reply | flag 
 BUT! I did take out a 6% interest loan against it. So it’s not totally useless
▲ ▼
Compromised | 7 months ago (raw) | root | parent | reply | flag 
 Why nobody sued govt yet for this ?! Why forcing people to hold something they don’t want or not letting them liquidate it. That’s bad
▲ ▼
dimi | 7 months ago (raw) | root | parent | reply | flag 
 Common law probably. And it’s not a govt problem, it’s a B2B offering problem with skewed incentives. Afaik, the company I work for is strong armed into the situation. Probably get kickbacks too
▲ ▼
Compromised | 7 months ago (raw) | root | parent | reply | flag +1 
 Merica
▲ ▼
Deleted account | 7 months ago (raw) | root | parent | reply | flag 
 If you agree in beginning of your hire date. Yes once you start in SOME company you can stop allocating but you cant cash out till you quit or retire