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| subject: | Re: State of the Union Address |
From: Bill Lucy
In article , nomail{at}hotmail.com says...
> We need more laws (or more enforcement) preventing companies from forcing
> people to invest 100% of their 401(k) in company stock, or rather, making a
> maximum level of any one stock in any 401(k) a low one at that -- if you
> want to speculate (as is your right) and buy a dot.com startup, you can do
> it outside your accounts that enjoy favorable tax treatment from state and
> federal government.
The loophole here is that the company may only offer an ESOP and not a 401(k).
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