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401K is the Biggest SCAM in America 401K is a retirement savings plan that is widely used in the United States. It is an attractive option for many because it allows individuals to save for retirement with pre-tax money. However, 401K is actually the biggest scam in America. The first reason why 401K is a scam is because it is heavily biased towards the wealthy. The wealthy can take advantage of the tax benefits of 401K and contribute more than the average person. This means that the wealthy are able to save more for retirement than the average person. This creates an unequal playing fi...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)