[Perdogg]

Suckers.......

[kearnyirish2]

They will let you drain your IRA/401K down to $0 (taxing you the whole time) before they let you qualify for any of the benefits the “grasshoppers” have been reaping for decades. I don’t believe they will confiscate them, but you can bet your butt they’ll hold it against you - for financial aid, determining Social Security payments upon retirment (a solution dreamed up by grasshoppers to save the program), etc.

[CityCenter]

I honestly can’t see how there would be any support for this, especially in the House. 401k plans are designed for middle income wage earners and have caps especially designed so they don’t treat high wage earners more favorably. The bad PR this would generate would be insurmountable by anyone who comes out and messes with these plans.

[Stayfree]

The 3 biggest lies:
1)Really, it won't hurt a bit,
2)Honest, I would never...,
3)Really, I promise it will be OK...
But just give me the keys to your 401K anyway...

[Tau Food]

Boy, that would be unpopular. And dumb.

[Fred]

Clue to fools after pension savings - Without a job one cannot say a damn thing!!!

[lentulusgracchus]

(TIME Article)
when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the nation’s debt problems....

Liar Kadlec! Larval, belly-crawling, Left-wing maggot journoliar -- "Congress" my ass, this is all your boy Barky's crap; he, not Congress, has been working on this for three years at least.

And yes, the sum at risk is $17 trillion for IRA's, Keoughs, 401(k)'s, and other tax-deferred savings accounts.

[Graewoulf]

Communist Obamanation File.

[Terry Mross]

All they have to do is make it taxable .... retro-active.