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To: Zeddicus

A friend told us of this scheme about a year ago. He said that basically any pre-tax money in IRAs or 401Ks isn’t really your money since you haven’t paid tax on it, they could decide to do whatever they want with it. Scary


20 posted on 01/08/2010 11:23:13 AM PST by happilymarriedmom
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To: happilymarriedmom

On that logic, Roth IRAs are safe.


134 posted on 01/08/2010 5:05:50 PM PST by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: happilymarriedmom

Unless you cancel the 401k and grab whatever cash you have. Soon there will be none. I would only leave matching funds and buy metal with the rest.


174 posted on 01/09/2010 8:05:37 AM PST by screaminsunshine (!!three if by government)
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