Sunday, April 02, 2006

Pension Plans Frozen

A friend just sent an eye-opening report from USA Today (posted 12/28/05)

To sum it up: if you're working for someone else, you're likely encounter pension problems.
Of course, those at greatest risk are those closest to retiring. "An August survey by PricewaterhouseCoopers showed that nearly half of companies that expect to change their pension plans in the next year are considering freezing benefits for all employees." OUCH!!

Just goes to show there's NO job security if you're working for someone else.

Now is the time to be your own boss. If you don't know what to do, get started with a home-based business. The entire business is set up for you. They'll even train you (the good ones at least). Of course, I found XanGo to be the cream of the crop, but that's another story.

Don't be a victim!!!!!

(The report is Pension Problems Loom for Boomers,by Stephanie Armour and Kathy Chu for USA Today)


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