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Obama's retirement plan proposals - Retirees and workers with 401(k) savings may see changes
South Bend Tribune ^ | 11/09/08 | DAVID PITT

Posted on 11/09/2008 5:53:17 AM PST by Libloather

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To: balls

It says nothing about eliminating the 401k. It talks about suspending penalties.

It’s not in this thread, but I believe Pelosi has indicted that she wants to increase the value of your 401K to the level it was before the bust,then take your 401K and give you a yearly benefit of 3%.

t does not address what happens to the money when you die. I suspect you heirs get nothing, and the Govmnt keeps the principle to redistribute to the illegals.


101 posted on 11/10/2008 3:35:41 AM PST by chainsaw ( No racist radical Muslims in the WH)
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