Friday, December 5, 2008

State Regulations: RIDICULOUS

I received a letter in the mail a week or so ago from IPERS - Iowa Public Employees' Retirement System, stating my member number and how they would protect it and keep it safe. Fine. Thanks. I think they've missed the bigger question as to WHY I would be receiving this at all.

Because of my part-time status as an aerobics instructor, I now am contributing point nothing dollars to a retirement account that I don't even want or NEED. So now, on top of giving to my 403(b) I am ALSO giving to this other account that will never add up to enough to even purchase a gumball when I retire.

No comments: