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- Feb 28, 2001
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When I do the math on what I was paying for corporate insurance and what I was paying in taxes and what was left over to take home, and then compare it to my Social Security plus my 401k rolled into an annuity plus the reduction in insurance through medicare, I broke very close to even. Close enough that we can still put money away in the bank and at the end of each month that is USUALLY a net gain for us. But it was a LOT of years of 401k pay-ins to get that annuity where it is. And it could have been better, but (a) too late to worry now and (b) could have been a lot worse.