Skip to main content

Chandler: Guys are signing over their 401-K’s to me?

Chandler comes back with great news. He has found dozens of guys to be Rachel's blind date.

Rachel: So, will I like any of these guys?
Chandler: Y’know
what, I’m gonna uh, play the field just a little more.
Rachel: Chandler!
Chandler: Guys are signing over their 401-K’s to me?

What does "guys are signing over their 401-K’s" mean?

See comments for answers or to share yours!

Comments

  1. According to

    http://www.reddit.com/r/explainlikeimfive/comments/1kakz7/what_is_a_401k_and_why_is_my_job_offering_it_to_me/

    401-K is a tax-deferred investment account. Money you put in your 401k gets taken from your gross paycheck before taxes are taken out, then the money in that account gets invested in various portfolios (typically chosen by you), and you can't take it out until you retire. If you take it out before then, you have to pay taxes on the money, as well as early withdrawal fees.

    But what does it mean when people say "guys are signing over their 401-K’s" to me still isn't clear to me.

    ReplyDelete
    Replies
    1. So apparently guys are ready to give up their retirement money formed by the 401-K to Chandler just for him to fix them up with Rachel :)

      Delete
    2. That seems to be right! I wonder if it is a good amount of money though?)

      Delete
  2. If you're making regular contributions to your 401-K, it will grow to be a very large sum by the time you're older; the idea is that you could live on it for the rest of your life after retirement, so think about how much that would be. Also, I think part of the implication of it being "signed over" is that the person it's "signed over" to would still get the growth of the money, not like th eperson just took out whatever money was in there at the time and handed it over.

    ReplyDelete

Post a Comment

Popular posts from this blog

s01e21 Joey: Holden McGroin

Who is Holden McGroin? Joey looks for a new stage name. Over the episode Joey tries many of them on. By the end Joey appears on a stage introducing himself with a name that gets lots of laughter from the audience. Joey: Holden McGroin. Who is Holden McGroin? And why is Joey taking that name funny?

s01e06 Joey: All you want is a dinkle

What is a dinkle? Joey plays Dr.Freud. Suddenly he rises and does a little dance and sing: Joey: All you want is a dinkle What you envy's a schwang A thing through which you can tinkle To play with or simply let hang Why is this dinkle-song funny?

s03e17 Chandler: No, Hymn 253: "His Eyes are on the Sparrow."

How is Chandler's reference to Hymn 253: "His Eyes are on the Sparrow" funny? Ross and Rachel just broke up. Rachel invites guys to a free event she has tickets to. They reject the invitation, because Ross had them reserved for that same night earlier. Rachel says that it's not a big deal and leaves. Everyone is upset especially Chandler. He lights up a cigarette even though he wasn't smoking for a year already. Someone knocks on a door and Chandler says: Chandler: That's great. With my luck, that's him. Phoebe:  Him? Ross? Chandler:  No, Hymn 253: "His Eyes are on the Sparrow." What is that with this hymn?