Nationwide proposes different 401(k) ...

Nationwide proposes different 401(k) plan | The Columbus Dispatch

There are 5 comments on the Columbus Dispatch story from Nov 28, 2010, titled Nationwide proposes different 401(k) plan | The Columbus Dispatch. In it, Columbus Dispatch reports that:

Financial planning for retirement has turned into a crapshoot. The traditional pension that many workers used to count on has all but disappeared.

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the truth

Newark, OH

#1 Nov 28, 2010
Look out Nationwide who puts its own works lives at risk will do it with yours.
BlueDusky

United States

#2 Nov 28, 2010
Nationwide puts lives are risk? I'm going to have to start worring about that now? What else could go wrong?
Dirk

Columbus, OH

#3 Nov 29, 2010
the truth wrote:
Look out Nationwide who puts its own works lives at risk will do it with yours.
was this English?
Just fed up

Columbus, OH

#4 Nov 30, 2010
Any fool knows that Annuities are a horrible investment with very low returns. But, hey Nationwide wants those tax credits. Gee, I wonder if the employees will get a vote in this?
OldMan

Columbus, OH

#5 Dec 1, 2010
It is the 401 managers who benefit most from the change from defined benefit to defined contribution plans.
So of course they have a plan to manage more $$.
The firms that manage the DC plans have been pushing to get their hands on Social Security money for some time too and would like it to change from a DB plan to a DC plan.
That would be great for them as there is big money in the management fees for these DC accounts.

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