Texting — we do it every day, but rarely stop to think about how revolutionary this technology really is. My son is deaf, and texting has changed the way he interacts with both the hearing world and within the deaf world. I have had more and better communication with my son since this technology change. But what I was not prepared for was the use of abbreviations and acronyms.
I quickly learned “LOL.” But to effectively text, I needed a resource to help me through this new language. Thanks to abbreviations.com, I now know that “143” means “I love you,” while “182” means “I hate you.” And, believe it or not, there are 79 meanings for “BBB” — I assumed it meant “Better Business Bureau,” but it can also mean “Blah, Blah, Blah” or “Busy Beyond Belief.” I looked at more than 1,000 different abbreviations before I stopped reading. The point is, there are more than most people can remember — although my son is close to knowing them all.
So what does this have to do with defined contribution plans? Find out now.
Jeffrey Hemker is the National Sales Manager, Retirement Division, Invesco.
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Invesco Distributors, Inc. 9/17 US10858
