Gilligan
06-13-2007, 05:49 AM
Government 401(k) creates, protects millionaires
FEDERAL REPORT
By Mike Causey
June 12, 2007
There are at least 40 millionaires in the federal government. That number does not include political appointees or members of Congress who made or married their own fortunes.
The names of the fabulous 40 millionaires are secret. Many are thought to be federal judges who were wealthy lawyers before turning to public service. But all have one thing in common: They love the federal 401(k) plan.
After taking a look at the federal Thrift Savings Plan (TSP), they decided it was the perfect place to harbor some or all of their optional retirement nest egg.
http://http://www.washtimes.com/national/federalreport.htm
FEDERAL REPORT
By Mike Causey
June 12, 2007
There are at least 40 millionaires in the federal government. That number does not include political appointees or members of Congress who made or married their own fortunes.
The names of the fabulous 40 millionaires are secret. Many are thought to be federal judges who were wealthy lawyers before turning to public service. But all have one thing in common: They love the federal 401(k) plan.
After taking a look at the federal Thrift Savings Plan (TSP), they decided it was the perfect place to harbor some or all of their optional retirement nest egg.
http://http://www.washtimes.com/national/federalreport.htm