401ks a scam?

[ApricotSinner32]

Yes or no?

[tatddy]

Depends on employer match percentage, age, risk tolerance etc.

[frostno98]

Great for loans, makes your check look smaller, less tax.

[SoCalFisher]

Depends on employer match percentage, age, risk tolerance etc.

6%-40yrs old- moderate risk.
Is this your expertise, tatddy?

[CarpeDime]

sinnerer every aspect of the financial system is a scam pal

if you are benefiting from one aspect of it, then you know exactly how that aspect is a scam

if you don't know how a particular aspect is a scam, then rest assured it is, and you're part of the people on the wrong end of it

just make sure you're on the right side of a few of the scams, and you're probabaly ok, you're probably one of the people who is a net benefiter from the scam or be scammed system, and no need to worry about the scams you are on the wrong side of

but if you aren't on the right side of a few scams in the US economy today, then God help you, cause you're gonna need it