Confiscate 10%? 15%? of 401k plans. For da chirrens.
> Confiscate 10%? 15%? of 401k plans. <
I haven’t read about any confiscation plans, yet. But I’ve read about plans to forcibly convert a portion of everyone’s 401k’s into 30-year government bonds paying maybe 2 or 3%.
That wouldn’t be theft (so they say), because they’re not taking anything from you. They’re just moving your money around a bit.