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Shermann

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Member since: Sat Feb 22, 2020, 12:55 PM
Number of posts: 3,303

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President Biden's Proposed Changes to 401(k) Plans

I have a few comments and concerns about this.

https://money.usnews.com/money/retirement/401ks/articles/president-bidens-proposed-changes-to-401-k-plans

Did Biden campaign on this idea? This came as a surprise. I believe it will be more or less a wash for me personally.

So if you are in the 32% tax bracket or above ($164,901 in income for an individual), it can increase your taxes. I'm a bit concerned that the Republicans could construe this as a broken campaign promise ( "Nobody making under 400,000 bucks would have their taxes raised, period, bingo." ) I guess this then becomes a debate over semantics. Really it is restricting a tax haven a bit. Is restricting a tax haven considered raising taxes? Hmm.

Marlon Craft - State Of The Union

Amazon has cancelled Prime Pantry

I've been using this service off and on for years and am sorry to see it go.

https://www.msn.com/en-us/news/technology/amazon-cancels-prime-pantry-good-news-for-grocery-stores/ar-BB1cILeO

It was something of a safe zone from price gouging on Amazon during the pandemic. Non-perishable food items that qualified for Pantry were fairly priced, while the same items outside of Pantry were 2X, 3X, or 4X the street price. Amazon generally does a good job keeping downward pressure on prices, but their non-perishable food items have been all over the place.

Making matters worse, searching for food items outside of Pantry is problematic. In the Pantry service, a search for a specific item would yield a single result. Outside of Pantry, you get pages and pages of results for the same item...just a big mess.

This was a useful tool in minimizing trips to the supermarket. I could make a single large trip to the supermarket for two weeks worth of supplies, and stretch a third week with pantry items from Amazon.

I've turned my back on Amazon and have placed an order with Walmart's NextDay Delivery service. This appears to be a comparable service, so we'll see how it goes.

S&P 500 Index gained 18% in 2020

That a remarkable statistic considering CV-19 cases have been in full exponential growth in the US since September.

Raiders of the Lost Election

I've coined a new phrase for these knuckleheads storming the U.S. Capitol.

Introducing the "Cruzadiddle"

This is the political equivalent of the "paradiddle" tap dance move.

You may think that Trump supporters have a clear dichotomy between two paths, to either A) Defend Trump, or B) Renounce Trump.

However, innovator and leader Ted Cruz has trailblazed a third path which is neither of those. This path can only be Cruzadiddled down, demanding a certain fleetness of foot.

Advanced Cruzadiddlers will sometimes add flourishes to this move, such as the "Graham Pullback" or the "Giuliani Shuffle". It really is a wonder to behold.
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