[Dilbert San Diego]

At one time, there were concerns that the federal government would move to take over all of our 401k and IRA accounts, and “manage” and “take care of” them for us.

There are trillions of dills s worth of retirement savings out there, which Democrats would love to get their hands on.

[farming pharmer]

Siezing 401(k)/403(b) accounts would have been exceptionally unwise on the Democrats part.

[rintintin]

“There are trillions of dills s worth of retirement savings out there, which Democrats would love to get their hands on.”

I ask again: Why didn’t the Republican House pass this bill? Why did we have to wait for Pelosi to become speaker to get the IRA mandatory-withdrawal date extended?

Stop with the “Republicans good, Democrats bad” mantra. Both parties spend your tax dollars like tipsy sailors.

[Buckeye McFrog]

At one time, there were concerns that the federal government would move to take over all of our 401k and IRA accounts, and “manage” and “take care of” them for us.

And those concerns have NOT gone away. IMHO we are one election away from seeing that happen.

A cynic might view this as an attempt to get us to pump-up the value of our accounts before they do.

[Pining_4_TX]

Of course, that is what they are planning. Some day in the future, politicians will confiscate everyone’s retirement savings and distribute the money to all. (keeping a lot for themselves)