Democrats Target Private Retirement Accounts
 

Re: Democrats Target Private Retirement Accounts
 

I read that a few days ago on another forum and, judging by the response on that board, really believe this would be a trigger event. In my opinion they will eliminate the 401k deduction and only allow use of after tax dollars.

Re: Democrats Target Private Retirement Accounts
 

More of that journalist's work can be found at:

http://www.carolinajournal.com/cjcol...or.html?id=264

I wonder about McMahan's objectivity however. She writes semi-editorial pieces.

Re: Democrats Target Private Retirement Accounts
 

401ks are already useless anyway with the economy.

Smells of more fear-mongering.

Re: Democrats Target Private Retirement Accounts
 

Fear mongering or testing reaction? :sneaky2:

Re: Democrats Target Private Retirement Accounts
 

Fear-mongering.

I never could put much in my 401k. I'd much rather stash money in a lockbox than put it into the stock market or a bank.

Re: Democrats Target Private Retirement Accounts
 

I honestly believe it is a test of reaction. There's a lot of money in 401k's and IRA's. We are always told we need to save for retirement and now the government wants to confiscate it? If they see that the people will lay down and give up the money they will do it.

Re: Democrats Target Private Retirement Accounts
 

That article was written before the election. I chalk it up to another Republican scare tactic. As soon as they mentioned the Heritage Foundation I stopped reading.

Re: Democrats Target Private Retirement Accounts
 

*sigh* Here's the real story.

http://www.msnbc.msn.com/id/27487450/