Many citizens, myself included, have had to take an early w/d from 401k retirement just to survive this oppressed economy. Thats 10% for the government straight away. How convenient for them.
For the first time in many years I didn't fully fund my 401k and don't know whether I'll make a deposit in my IRA for 2012. I'm not quite at the pull the money out point, but I am keeping the cash out of retirement accounts.