[KarlInOhio]

On Mondays, Wednesdays and Fridays I think the government will either raid IRAs and 401ks, or at least require an increasing percentage to be "invested" in government bonds to maintain their tax favorable status.

One Tuesdays, Thursdays and Saturdays I think the government is spreading the rumors that it will raid IRAs and 401ks to convince people to stop contributing or even cash out to increase tax revenues this year.

[antivenom]

bingo...we have a winner...

GOVERNMENT loves a fearful 401 K weiner...who pays a huge tax grabbing their money out...and even loves it more when people don’t shelter their income PRE-TAX by not contributing to a 401K!

[GeronL]

It’s been proposed by lefties to sieze private pension accounts in return for SS-type checks to their victims.

[Ken H]

One Tuesdays, Thursdays and Saturdays I think the government is spreading the rumors that it will raid IRAs and 401ks to convince people to stop contributing or even cash out to increase tax revenues this year.

You're right - at least on Tues., Thurs. and Sat.!

[bkopto]

One Tuesdays, Thursdays and Saturdays I think the government is spreading the rumors that it will raid IRAs and 401ks to convince people to stop contributing or even cash out to increase tax revenues this year.

I'd rather pay the taxes now, given the counterparty risk of the US Government and given the uncertainty of future tax rates. I expect to be in a lower tax bracket at retirement, but who knows? At the rate things are going now, my future tax bracket/rate will be the same as it is now, if not higher! - so why contribute now in the face of these real, future risks?