A couple of democrats want to take the money in your 401k and replace it with a government bond paying 3%. They technically dont want the account, but the cash amount you have
accrued over the years.
Point me to the proposal of the "couple of democrats". I want to see the specific details, not the equivalent of an urban legend.
Yes, I'm aware of one loony consultant that made a presentation to a committee, and was all but disavowed by both parties. She doesn't count.
If there is a concrete proposal from an elected Democrat that is still in office, show it to me. Otherwise, stop trying to scare people over something that is only a figment of your imagination, or the imagination of someone that you quoted.