[God luvs America]

I read it and it is wrong....the sh!tty plan which is being passed around, but will never pass, is going to give you the option to turn your 401K money over into a government....there's not much evidence that you will be forced to turn your existing 401K money over...

[FocusNexus]

Where does it say it’s an “option”? I didn’t see that anywhere in the article.

They wouldn’t use the word CONFISCATE, if it were an option of the individuals.

This is part of the Obama/Democrat/communist redistribution plan.

Where are you going to go to object? The Courts — after the Dems filled them with activist judges who rule based on favoring “the poor” never mind the Constitution?

Don’t you know that in communist countries the government did exactly that, literally took away businesses, bank accounts, houses, cows, whatever people owned and put them under government control?

[redgolum]

Let me put it to you this way.

If you pull the tax differed status of the 401K, how many employers will keep the program?

And it won't be a voluntary roll over for long. Da State wants that money.

[mabelkitty]

Wrong!
That was privatized accounts under the Bush plan.
This is a wholly different animal.
Why the hell are you even DEFENDING it?