to skip a tax deferral and / or match is insane.*
 Previous Message many years that the government will absolutely cook Gen X and Elder Millennials with some sort of change to the RMD schedule on qualified retirement accounts and then the imposition of a massive surtax on Social Security disbursements if your RMDs are above some threshold. It would be sold to the proles as a tax on rich fatcats but it would leave the actual SS tables unchanged while backdooring in something like a 75% effective cut to benefits if you showed a modicum of responsibility while you were young. I haven't made a 401K contribution in almost 10 years because I'm so positive the tax drag on getting the money out is going to be so fucking bad by 2040. There's just too much money in those accounts for the government to ignore.  Previous Message it would become a tax. That was never the intention.
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Message Thread | This response ↓
This gives me hope for the future. The Millennials and Gen Z just need to realize - villain November 9, 2026, 14:04
- What is today’s hourly wage that would match the buying power of minimum wage in the 1970s? - villain November 9, 2026, 21:42
- I fail to understand why people are supposed to hate me as a boomer - Potomac November 9, 2026, 15:20
- I recently asked ChapGPT why Boomers are hated and it echoed what some have stated here. - GAIllini November 10, 2026, 12:05
- Your generation bankrupted and destroyed the country. It’s not complicated* - DouchieHowser November 9, 2026, 21:30
- I like you Potomac, but you literally just did the meme....and it's exhibit A as to why boomers - villain November 9, 2026, 18:10
- I love how GenX and beyond love to hate on Boomers as a whole - kokomojo November 10, 2026, 11:02
- I don’t think this is true at all. My parents were both pretty poor/lower middle class economically - WesMantooth November 10, 2026, 06:21
- Right, everything was just handed to Steve Jobs, as one sample Boomer - Potomac November 9, 2026, 19:09
- I am talking about hours worked, not the economy - Potomac November 9, 2026, 19:02
- It has admittedly waned over the years but I came to strongly dislike the boomers for . . . - Lexillini November 9, 2026, 16:05
- Hard NO on any means testing. If that happens everything needs to be eliminated - AceFrehley November 9, 2026, 14:08
- One of my all time idols is Ayn Rand - kokomojo November 11, 2026, 13:10
- The intention was literally in the name of the program. - villain November 9, 2026, 18:17
- Capping social security should be ok; eliminating cap on FICA would be terrible* - Potomac November 9, 2026, 15:22
- I'll take that over eliminating the cap, which is what the leftists want to do. I have believed for - fratstud November 9, 2026, 14:35
- to skip a tax deferral and / or match is insane.* - Ari Gold November 9, 2026, 19:46
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