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The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., especially in the current economy.
The extreme volatility can have a devastating impact on employees, especially those approaching retirement and those with substantial allocations in cryptocurrency. Cryptocurrencies are different from typical 401(k) investment options, says the DOL. Cryptocurrencies aren’t held like traditional plan assets in trust or custodial accounts.
The “deferred resignation program” would allow federal employees to remain on the payroll through Sept. ” Democratic Senator Tim Kaine on Tuesday called the proposal a “fake offer”, saying Trump did not have authority to offer it and employees may not get the promised payouts. government.
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