Latest reviews about Nationwide Retirement Systems 401(k) - Individual

Im1BigBear says "Retire?? On what ?!?!" about Nationwide Retirement Systems 401(k) - Individual

Im1BigBear — Sun, 15 Mar 2009 08:48:00 GMT

We slave our lives away hoping to keep a little something aside, that the government doesn't take from us, to help ourselves in later years.

What happened to an employer matching what an employee put in to a retirement account? When this occured, a person knew there was a safety net there.

Now, we are supposed to put our trust and money in the hands of people who want to "invest" our money for us? What kind of security is that?

You cant count on anything being there from day to day.

I might as well stand on the side of the freeway asking people if the are on their way to Vegas. When I find someone who is, tell them "I have this $20,000.00 here and I was wondering if you wouldn't mind puting it on 11 RED for me".

I don't care what kind of degree or what college the person hired by the investment firm has, its still a gamble. Just ask any of those people who own stock in Chevrolet, or Ford or better yet ENRON!

Maybe we should see if we can get some insider tips fcrom Madoff.

Who is kidding......

rlclinton says "Nationwide 401K - needs to communicate better with members" about Nationwide Retirement Systems 401(k) - Individual

rlclinton — Fri, 13 Mar 2009 19:46:52 GMT

Nationwide 401K - have this at work and just found out I'm getting a 1099 and a refund. I don't think Nationwide put together a good solid plan for employee investment based upon this adp test the IRS requires. No employee was ever told anything about this. We find out after we've filed taxes....

moocowdude says "limited options, great customer service" about Nationwide Retirement Systems 401(k) - Individual

moocowdude — Tue, 04 Nov 2008 16:44:32 GMT

limited options, great customer service...

shadow3619 says "Pretty good investment options" about Nationwide Retirement Systems 401(k) - Individual

shadow3619 — Wed, 30 Apr 2008 04:37:09 GMT

If your place of business gives you the option of this 401k plan, it is a pretty good plan, at least as good as any of the others that are out there right now. You will get a quarterly statement and can view youyr account on line. There is an online tool to change or add to yor options but it is a bit confusing. All in all, it is well worth it to put some money away for retirement....