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To: Principled; Wiser now; EBH; G Larry; Whenifhow; tbw2; Syntyr

Don’t sign up for Obama pension account, I wont.

I put the max allowed amount on my 401K to get the tax breaks(deferred)

it saves me a fortune.

Its the next crash that is the problem, and a GOP POTUS didnt stop that last one,.


29 posted on 01/30/2014 5:49:23 AM PST by sickoflibs (Obama : 'Any path to US citizenship for illegals HERE is a special path to it ')
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To: sickoflibs
I put the max allowed amount on my 401K to get the tax breaks(deferred)

Again, this is what the dem bill wants to outlaw. First, no more tax advantage then you stop having ownership. Then you have to do 5% into the GSA.

So if this were to pass, you would have no more 401k.

32 posted on 01/30/2014 5:54:48 AM PST by Principled
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To: sickoflibs
Its the next crash that is the problem, and a GOP POTUS didnt stop that last one,.

And if you bother to look at the history from 2008 through yesterday's big EO signing, the dems have been scheming for that event and how to get private retirement accounts converted to GRA's. I respect you seem to not like Rush, but to be willfully blind to the democrat strategy regarding your precious 401k is astounding. It is your fortune they are after.

Never let a crisis go to waste...

33 posted on 01/30/2014 5:55:43 AM PST by EBH ( The Day of the Patriot has arrived.)
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