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Tuesday, October 02, 2007

Forced Savings...Soon to be a Law??

Would You Agree To A Law That Will Force You To Save??

That's news to me. I just read an article that soon a law will force employees to participate in forced savings.

What would you do if you are forced to save money for your future?

On the one hand it is a good idea, however, what if your income obligations cannot truly support the idea of a forced savings....

Again, this is a new law, what are your thoughts?

Check out the article....

New 401(k) Law Helps Companies Force Employees Into Saving

By author on Investing

Take a look at this article from Smart Money about a new law that will allow companies to set employees up for automatic contributions to their 401(k) accounts. It will also allow a company to automatically increase an employees contributions to a 401(k) each year up to a certain cap percentage.

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Curtd


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