[Libloather]

Because Hussein knows what's best for you.

[wildbill]

My guess is they know the government is in trouble over the debt and to pay off entitlements they need cash.

So they take your retirement accounts into a government fund and then take the cash, leaving you with an I.O.U. the same way they took all the Social Security money from that fund and used it for general expenditures in the budget.

[Doogle]

Odungo is dead set on making your life miserable

[Moonman62]

This isn’t just Obama. The DC crooks have been eyeing private retirement accounts for years. Now that they’ve stolen all the Social Security money it’s time to break into a new lockbox.

[CapnJack]

Don’t forget 529 Collage accounts.

I’m sure they have something in their bag of tricks for 1+ Trillion in those accounts.

Especially if they want to make college “free” for everyone.

[jsanders2001]

< If you thought Obamacare was terrifying, just wait until you read about what President Obama's regulatory agencies are planning to do with your retirement savings.

Steal them faster than Cypress bank for the "good of all"?

[Little Ray]

401Ks are the last major untapped money supply in the country. Trillions of dollars just beyond the reach of the politicians.
Every Democrat Administration floats this bubble and, so far, it has been shot down every time.

[JudgemAll]

Who knows, slave reparation IrAs...

[funfan]

Patty Murray likes it. “Murray Praises New Protections for Seniors and Workers’ Retirement Savings”

http://politicalnews.me/?id=38258&keys=HELP-PROTECTION-SENIORS-RETIREMENT

This is the scenario they are pushing and it sounds nothing like what they really want to do.

[Rockitz]

This is yooooooge. Trump needs to reverse this in short order.

[Oldeconomybuyer]

If we just elect more republicans this crap would stop.

Oh wait ...

[Rusty0604]

I have a self directed IRA, which works for me since I work in finance. Even if a person doesn’t have a financial background they should look into it, as you can invest in real estate and other financial instruments not available with other plans.

[StoneWall Brigade]

Ping

[Candor7]

Sound the Alarm: New Obama Regulations Will Push Private Retirement Savings Into Government Accounts>>>>>>>>>>>>>>

Alternate Title: “ Why I Became an Expat of the USA.”

http://www.expatyourself.com/how-to-become-an-expat/

[lysie]

For later.

[Gritty]

Question: Does the Federal Government have the legal power to control and direct all your investments and tell you what you can and can't do with your own money and even take it from you if they don't approve of how you're handling it or what you are investing it in?

Answer: Yup.

It's right there in the Constitution For The United States - ARTICLE II, SECTION 5. ... or someplace... Look it up!!

But if for some reason, you can't find it don't bother Congress by asking about it. They are too busy promising other people (contributors and Gibsmedat voters) what they are going to spend it on. Just let at least Five Black-Robed Potentates on the Supreme Court find it for you. It's right there. They'll find it!