Yellow’s Failure to Meet Financial Obligations Sparks Dissatisfaction Among Truck Drivers
In recent developments, Yellow, a prominent trucking company that includes Yale Freight and Holland, has failed to make a $50 million payment to the Central States Health and Welfare fund and Central States Pension Fund, as reported by the Teamsters Union. This...
The Flooring Twenties?
Retirement accounts and Social Security are already taking a beating as the American economy emerges from the ruins of COVID-19. Wednesday it was revealed that Fidelity’s 401(k) and IRA accounts were decimated in 2022 Q2. The average balance of its 401(k) accounts...
Retirement Is A Myth – The American Dream Turns Into A Nightmare
Since the “Nixon Shock” of 1971 when the Gold Window was closed to the world, it disconnected the American people from a dependable retirement. Over the last 50 years compounding inflation has eroded the purchasing power of the dollar making it harder and...
Retirement Plans Change During A Reset: 401(k) Plans Contain Less Than $10,000
During a Monetary Reset, All Retirement Plans Change! The financial health of everyone expecting to retire is being challenged. From a lack of savings, increasing inflation expectations, and the destruction of currencies there’s no easy way out of this mess. All...
Social Security Is A Terrible “Investment”
Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a...
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