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To: bronkburnett

Ask yourself: what limit would a 4 year old place on himself given that he had unlimited power and resources and no chance of punishment and - voila - you have all of the restraint and wisdom of Government.

I’ve always been suspicious of 401k plans because the Government will eventually take them. Could be 20-30 years from now, but eventually they will look at all of that money and they will confiscate it. Roth IRAs, too.

It’s just a matter of time.

I would only trust a Constitutional Amendment that is very specifically worded and relates directly to IRAs. But that won’t happen.


11 posted on 10/11/2010 3:44:09 PM PDT by Noamie
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To: Noamie
I’ve always been suspicious of 401k plans because the Government will eventually take them. Could be 20-30 years from now, but eventually they will look at all of that money and they will confiscate it. Roth IRAs, too.

I think that is highly unlikely. They would just change or end the special tax treatment of the plans. It isn't necessary to confiscate the principle to fleece the sheeple.

25 posted on 10/11/2010 5:46:19 PM PDT by EVO X
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