Sounds like an effective takeover of retirement accounts (for those who choose to take this option) to me...
No thanks.
That’s exactly what it is. I’m now getting nearly daily emails from SS and each one is their way of becoming intrusive by gathering more information.
That's almost unbelievable, but I checked, and so it is. And they noted that the bond has "a variable interest rate that has averaged 3.19 percent over the past 10 years."
Over the past 10 years...but not now. I'd be surprised if that bond ever breaks 3% again.
Yes, it does. It gives the government complete control of those funds.
bkmk