I need to cash out my 401 K and pay a 40 % tax penalty.....?
Ok....
Love Ann but this seems like over reaction....
Congress may love the idea of “ borrowing “ our 401 k money.....but not going to happen....
>>Congress may love the idea of “ borrowing “ our 401 k money.....but not going to happen....<<
This is up there with the “survivalist” threads where people waste a lot of good money to create bunkers for after the revolution occurs and we will be living like Mad Max. They really think they are Lazarus Long and family and can weather the Collapse. It doesn’t even occur to these folks that the Armed Forces remnants will be the ones running things — a Weaver-type compound won’t have a chance in hell anyway.
Amusing but no one in their right mind really sees this (or the Collapse of Everything) as a probable scenario.