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To: avenir

The company may not be able to steal the 401K, but the administration has been eyeing them to beef up Social Security.

The last proposal I read suggested taking the 401Ks, rolling the money into SS, and guaranteeing you a “robust” 3% return.

I don’t trust them, I cashed mine out, we paid off our bills and bought “commodities”.


17 posted on 01/08/2012 8:53:26 AM PST by FrogMom (There is no such thing as an honest democrat!)
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To: FrogMom

Thank you. I’m 49 so I cannot cash out yet. The government schemes you mentioned are my concern.


20 posted on 01/08/2012 9:01:16 AM PST by avenir (I'm pessimistic about man, but I'm optimistic about GOD!)
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