I’m going cash out everything I have in banks and in my investments, put it into sealed coffee cans and bury it...somewhere. (Can’t give the precise place since the commies in the Obama administration may be monitoring this thread).
Before you bury it, you had better convert it into a precious metal. Cash will be rendered less valuable by inflation.
I think inflation is the obvious way to steal retirement accounts. The administration doesn’t have to worry about court cases or open rebellion.
The Businessweek article:
http://www.businessweek.com/news/2010-01-08/americans-oppose-initiatives-limiting-401-k-choices-ici-says.html
I think part of their plan is to float these ideas to make people panic so that they cash out their 401Ks and IRAs, paying both the tax and the penalty. If they can make a lot of people do this, they would get a nice spike in revenue.
If you take your money out, I’d convert quite a bit of it to any of the three precious metals (gold, silver, lead). Because when you dig it up the cash won’t be worth a fraction of what it is when you bury it.