moneyman true or ? Q

[manny15]

These secret "801(k) Plans"?which have no age, income, or employment requirements?pay up to 1,000% ? 2,000% more than 401(k)s or IRAs. But it's unlikely you've ever heard about these special programs before: The U.S. government doesn't allow them to be advertised to the general public.

is this for real ?

 

[MortgageMan]

LAST EDITED ON Jul-27-07 AT 07:04PM (MST)[p]From what I understand about 801k plans is that they are just a marketing name for a dividend re-investment plan or a (DRIP). There is not a tax code for 801(k). Just a unique marketing plan for something else. Some people are portraying them like you mentioned above and that seems to be a scam. Just my .02, take it for what its worth.

 

[manny15]

thanks