When you roll the PPA account into the 401K account are the two accounts merged into one lump sum? Does the whole thing now become an employer 401K as far as...
67574
justa_bean_counter
justa_bean_c...
Jun 2, 2009 12:34 am
... It's not enough. Trust me. If I had my druthers, corporations would have been forced to deliver on years of promises made to their retiring employees (as...
67575
fhawontcutit
Jun 2, 2009 12:01 pm
http://www.nytimes.com/2009/05/30/health/30patient.html?_r=1&hpw ... IS your medical insurance bad for your health? If you have a high-deductible plan, the...
67576
afteribm
Jun 2, 2009 12:01 pm
To gon2rckymts - Yes, when you roll PPA into 401K it simply increases amount in your 401K by the amount you had in your PPA. Keep in mind you can only do it...
67577
cybertramp66
Jun 2, 2009 12:26 pm
Many people use the high-deductible health plan as a hedge against going bankrupt if they incur a catastrophic injury or illness. The US HC system is designed...
67578
cybertramp66
Jun 2, 2009 12:26 pm
Just for a data point. I was RAed in April. I took the PRP (Cooper settlement) as a single life annuity. It added about 5% to my total monthly pension annuity....
67579
justintm036
Jun 3, 2009 6:48 pm
I thought I was unique in having an irrational fear of the American health care system, but this article's myth 4 and myth 2 reinforced my fear, "researchers...
67580
gon2rckymts
Jun 3, 2009 6:57 pm
We were RA'd on May 26 and "retired" on June 1st so we are out of IBM already. Taking the lump sum out of the PPA and rolling it inot the 401k should not be a...
67581
copyright1997
Jun 3, 2009 9:14 pm
... The PRP is NOT the Cooper settlement. It is from the 91 plan and is the Personal Retirement Provision (the very beginnings of a cash balance aspect to the...
67582
Linda Albury
pkmaiden
Jun 3, 2009 10:30 pm
Does any know who to contact in Congress that's working on healthcare reform? I'm sure my Congressional representative is not working on it but I'd like to...
67583
cybertramp66
Jun 4, 2009 1:13 pm
Linda, This blog diary has a complete list of congressional contacts who are working on HealthCare. Includes the Whitehouse contact info. ...
67584
dave49_98
Jun 4, 2009 4:06 pm
You should fear the status quo. 60% of personal bankruptcy is due to medical expernses....
67585
teamb562
Jun 4, 2009 10:57 pm
I've posted a few times asking people why they were so excited about converting and have gotten few responses. The only reason I clearly see is if you're...
67586
finitewisdom
Jun 5, 2009 12:32 am
... More pointers on this subject: http://voices.washingtonpost.com/health-care-reform/2009/06/new_study_shows_medical_bills.html?hpid=moreheadlines ...
67587
powerxen
Jun 5, 2009 7:07 pm
I agree with you! This article proves that the American model for healthcare has failed. None of the other Western democracies have their citizens going...
67588
capitalistdick
Jun 5, 2009 7:08 pm
I have to disagree with the article. Through my employer I have a high-deductible health plan (Blue Cross) with a health savings account. It saves my...
67589
justintm036
Jun 5, 2009 10:38 pm
I reread the article and still failed to see the connection. Nowhere does it advocate a status quo. In fact, just the opposite....
67590
bits_bytes_and_bugs
bits_bytes_a...
Jun 6, 2009 2:46 am
... I was reading about a couple who ended up losing everything through a combination of medical issues, disability and offshoring. The man injured his back,...
67591
dave49_98
Jun 6, 2009 2:46 am
Fomr Paul Krugman: Sun, sand, and surgery Everyone knows that lots of Canadians come to America in search of medical care. But what everyone knows is wrong: a...
67592
jonatha1
Jun 6, 2009 2:47 am
... 1) Whom do you work for? 2) Are they hiring? 3) With IBM's version of this plan, IBM contributes $500 towards the HSA. Anything else comes out of your...
67593
cybertramp66
Jun 6, 2009 4:10 pm
Enjoy decent medical coverage while you're working. Many people are doing OK with their employer plan. The real trouble starts once you lose the job and the...
67594
fhawontcutit
Jun 7, 2009 8:43 pm
... Or one CEO change. "Decent medical coverage while you're working" can easily be taken away if you don't have a contract. If you work for a smaller firm,...
67595
cybertramp66
Jun 8, 2009 1:38 pm
Yeah that's the sad truth. IBM used to tout a better than average benefit plan to attract 'the best and the brightest'. They clearly now only care about the...
67596
ibmmike2006
Jun 8, 2009 10:58 pm
I have not read this book, but seems like the author has really hit the title of why IBM did away with the Defined Benefit Pensions to force baby-boomers into...
67597
Linda Albury
pkmaiden
Jun 9, 2009 12:59 pm
Thanks for sending this information. When I hear the characters on CNBC talk about GM getting from under their "legacy" contracts, the pensions of workers...
67598
mel_zimowski
Jun 9, 2009 4:58 pm
I'm a bit confused as to how the information in this book relates to IBM. IBM is not financially troubled and on the verge of or in bankruptcy. I may get...
67599
jwatson3907
Jun 9, 2009 4:58 pm
Having left IBM after 30 Years, I have to take my Pension and am trying to decide how to evaluate the different options of Joint Survivor and what percentage...
67600
Neal Watkins
ol_pops
Jun 9, 2009 10:54 pm
... I chose 100% replacement. Taking less and saving the money to buy Life Insurance seemed risky. I might be tempted to spend the money. Maybe not this...
67601
bits_bytes_and_bugs
bits_bytes_a...
Jun 9, 2009 10:55 pm
... Maybe not now, but there is no guarantee that IBM won't go bankrupt and no guarantee the laws that protect pensions from corporate looting will remain in...
67602
Janet Krueger
puppy_play
Jun 9, 2009 10:55 pm
... Sit down with a life insurance agent and see what life insurance would cost to buy your spouse equivalent coverage. Make sure you get an actual estimate,...
