If we are headed for deflation, they’re definitely coming after the 401k and IRA plans.
The amount of liquidity that has been pumped into the markets over the past 5 years makes the few trillion hanging out in retirement accounts look like chump change. A complete seizure of retirement accounts would yield $3t from 401k's and $3 to $5 t from IRA accounts. The total dumped into the markets since 2008 is approaching $10t. The Fed is out of bullets, I have been saying that for a while now. The percentage of the markets that are 'owned' by the fed and PD's now is beyond comprehension.