Politicians already have been salivating over all 401K and IRA plans. Over the years bills have been placed in the Hopper trying to take them and make them a type of Social Security 2 system.
Their reasoning is since the funds aren’t taxed up front they think the Government owns all the funds. Buttigieg’s plan is just another try at taking the People’s retirement savings.
On this Thanks Giving, they want redistribution, restricting and redistricting of your Monday