https://www.yahoo.com/finance/news/no-stimulus-check-17-million-150000944.html
Spot the 666 in the article!
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Say you make $60,000 a year, and your employer offers a dollar-for-dollar match up to 6% of your salary. That means the maximum your employer will give you is $3,600 each year.
But if you only put $2,000 into your 401(k), your employer is only putting in $2,000 — and you’re leaving $1,600 on the table.
60,000
6%
36 = 6*6
$1,600
A small number of respondents say they don’t understand how 401(k) retirement plans work (6%) or don’t know whether their company offers a match (17%).
If you’re in this group, that’s understandable — but when this much money is on the line, you’ll want to set up a talk with your HR representative right away.
Some employees (12%) say they want to wait until they’re older to contribute.
6%
17 ding, ding, ding!
12 = 6*2
Lots of 6s and a 17 to boot.
Assuming the money going into a 401k actually grows. Things passed through Congress about 401(k)s, IRAs, all these 'retirement' instruments... these were written by those who would most benefit from them; the companies that manage the funds. Since humans are penalized for taking funds out before a certain time, money management/investment companies were able to secure long term availability of funds as well as steady inflow of capital to work with. This is not concern about humans, it is concern by corporate rulers of the lost income from seventeen million Americans not putting $1600 a year into corporate management.
The real number is what percent of $27 billion additional per year into management and the fees, commissions and bonuses. That is what the people who sponsored this commercial/article are interested in.