Annie
Diamond Member
- Nov 22, 2003
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Keep your freaking hands off 401k's!
"Encourage" from these folks means to take over...
Links at site:
TaxProf Blog: Government Takeover of 401(k)s and IRAs?
"Encourage" from these folks means to take over...
Links at site:
TaxProf Blog: Government Takeover of 401(k)s and IRAs?
January 18, 2010
Government Takeover of 401(k)s and IRAs?
Bloomberg reports that the Obama Administration is considering measures to encourage Americans to convert their 401(k)s and IRAs into Government-provided annuities. The story has attracted a lot of negative commentary in the blogosphere:
Will Collier, Coming Soon: Substituting Government Annuities for Your 401(k)?
The Market Ticker, 401k/IRA Screw Job Coming?
ROFASix, Is the Government Coming for Your IRA and 401k?