^Wat?

^^haha. yeah, I eat rice everyday, with everything. Kinda wierd i suppose, since most "american" meals don't include 1+ cup of white rice on the side... Vinegar is also a key ingredient (rice vinegar to be exact). a teaspoon of rice vinegar (you can add a little bit of sugar to spice it up) on some white rice not only tastes good imo, but also significantly lowers bad cholesterol, cleans your system, and helps to flush out body toxins. I'm not sure if other vinegars do the same, but I know that rice vinegar is +++. I don't eat fish much, but I do love sushi/tuna/salmon.

7/18/2008 10:55:55 AM

vinegar also is good for tapeworms.

7/18/2008 10:57:35 AM

Quote :

"as long as I'm not told to kamikazi into a terrorist bunker"

fuck yeah, send the jap-americans back into kamikazi missions, and strap bombs to the jews

bring the war home, baby!

7/18/2008 10:57:44 AM

Quote :

"wait, did someone just say that the max is ONLY based on what i put in? i've been going off the max being the combination, which is why i pulled out when i hit 33%"

The employer match doesnt count.

You would put in $15,500 yourself pre tax to "max" out. 1291$ a month.

I dont know what the max amount a company can match. I just know mine is 8%.

7/18/2008 1:28:51 PM

free money!

better not get fired before it vests

7/18/2008 1:34:05 PM

I have zero fear of getting fired or it's fallout.

I'm doing them a favor.

7/18/2008 1:37:02 PM

^ here here

my job has been in effect for 50+ years, sure it has changed over the years but i am part of the connection that makes our company different than competitors and more effective. its our competitive advantage, my job is safe, as long as i keep doing it

7/18/2008 1:43:13 PM

^!

7/18/2008 1:44:17 PM

http://articles.moneycentral.msn.com/RetirementandWills/InvestForRetirement/StrugglingAmericansRaiding401ks.aspx#

oh, america

Quote :

"Struggling Americans raiding 401(k)s A study finds middle-class families are turning to retirement money to get through financial crises such as unemployment and medical emergencies. advertisement Americans are raiding their already fragile retirement piggy banks to weather financial hardships such as unemployment, medical emergencies and buying a home. And they're doing it even though borrowing a modest $5,000 can dramatically erode savings over time, according to a study released July 15 by the Center for American Progress. The study found workers in 2004 had $31 billion in outstanding 401(k) loans, a fivefold increase from $6 billion in 1989. Between 1998 and 2004, an average of 12% of families with 401(k) plans borrowed from them. "They don't necessarily pay penalties. But the penalty is that they have fewer retirement savings," said Christian Weller, an author of the study. As economic conditions grow bleaker, the number of people dipping into retirement money will only rise, he added. A $5,000 loan, for example, could cut retirement savings by 22% even if the loan is repaid without penalty, according to the study. That's assuming the person has a $40,000 salary and is five years into a 35-year career. One reason people are increasingly using 401(k) plans as a crutch is because they're so easy to access compared to pensions and individual retirement accounts, or IRAs. "The borrower acts like a bank to himself," Weller said. Typically, borrowers can repay loans within five years without penalty. Loans for first-time homes must be repaid within 15 years to avoid penalties. The worst retirement investment you can make That doesn't mean people are raiding savings to go on shopping sprees. Middle-class families in particular are turning to retirement money to get through financial crises such as unemployment and medical emergencies, the study found. When Rachel Hernandez took out a $7,000 loan from her retirement plan, for example, it was after her daughter was killed and she took time off to care for her grandchildren. "I understood it was going to hurt my retirement, but it was something I had to do," said Hernandez, a 46-year-old resident of San Antonio, Texas. She was working as a reservation agent for Southwest Airlines at the time and it was the second time she borrowed from her 401(k); the first time was to buy a house. "Obviously it's going to impact my retirement, but I'm glad I had the option," she said. Rethinking retirement A survey of nearly 4,000 Americans across four generations found that most adults believe responsibility for a secure financial future is rapidly shifting to them. People can typically borrow $50,000 or half the vested balance of their 401(k) accounts with extremely favorable interest rates. Failing to repay loans on time typically incurs a 10% excise tax and borrowers must also pay income tax. Dipping into retirement money wouldn't be a problem if other sources of retirement income -- such as Social Security and pensions -- weren't drying up, Weller said. More people today are counting on 401(k) accounts to be their primary income source in retirement. Yet a study by Hewitt Associates this month found four out five workers aren't socking away enough money into their 401(k) accounts to keep up their standard of living after retirement. On average, employees are projected to replace just 85% of their income in retirement, compared with the 126% they would need when factoring in inflation, longer life spans and medical costs, the study by Hewitt found."

[Edited on July 21, 2008 at 11:40 PM. Reason : jkhdf]

7/21/2008 11:36:32 PM

pretty much enough to where if I really needed to, I could take it all out, and live the same quality of life as I do now for about a year.

7/21/2008 11:39:09 PM

25k.

company only matches 50% up to 6%, so basically 3%.

I am also investing in my Roth 401(k) right now, so I'm paying taxes at my current rate, investing and can pull it out tax free when I retire at a higher tax bracket.

7/21/2008 11:41:03 PM

The maximum you can defer from your paycheck in 2008 is $15,500.

The maximum total you can invest in 2008 in a 401k is $46,000 including your deferrals, company match, and profit sharing.

7/25/2008 1:29:38 AM