It won’t be an overt seizure in either case.
In the case of taking your savings, they’ll do it the sneaky way - inflation. They’re doing that to the tune of $85 billion in printed money per month.
Now, with the 401k’s & IRA’s, the way to “seize” those would be to disallow a “cash” option and provide the next “safer” option in gov’t bonds.
They’ll eventually be “forced” to be more overt,
but until then they’ll avoid exposing themselves as the thieves they are.
Exactly, and that won’t set well with day traders growing their IRA’s or others who invest heavily in tech stocks, etc.. That’s EXACTLY what they’ll do, force investments into government bonds.
If the commies do try to come after IRAs etc, with forced government bond conversion schemes, a lot of people would panic and withdrawals would spead to stocks bonds, and deposits. Converting massive amounts of pension funds to treasuries would also tank the market; most pension funds are invested in stocks and bonds of various types which means a massive sell off for most publically traded companies.
Any whiff of this crap means a run to the exits.