To: SeekAndFind
What happens if you accumulate too much?
Do they confiscate your 401K?
35 posted on
05/01/2013 11:20:16 AM PDT by
Uncle Miltie
(All observant Muslims want to kill you. If they don't, they are not really Muslims.)
To: Uncle Miltie
Anything additional that you put in will be taxed as income and not tax “advantaged”.
43 posted on
05/01/2013 11:30:05 AM PDT by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: Uncle Miltie
What happens if you accumulate too much?
Do they confiscate your 401K? That's paranoid talk! They'll make you withdraw the overage, and assess a fee of perhaps 62 percent on the overage. And of course you have to pay your taxes (on the overage before fees). See, they won't take it all.
53 posted on
05/01/2013 12:01:38 PM PDT by
roadcat
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