401Ks, IRAs, and other IRS-qualified accounts are overwhelmingly individually owned... they are the money of the hoi polloi, who mean very *VERY* little to politicians in terms of controlling war chest contributions.Cash value life insurance is overwhelmingly owned by banks & corporations (read as 'TBTF' controlling organizations) who represent the *majority* of politicians' war chest funders. AKA "The PuppetMasters."The safest possible place for anyone is to be the flea on the back of the controlling elephants.I'm guessing the government intervention that scared Catherine to IULs is the conspiracy theories that Obama is going to confiscate everyone's 401ks and IRAs. I don't know why you decided to single out 401ks and IRAs as individually owned but the IULs of each policy holder is collectively owned by the insurance company. As of 2012, there was %5.1 trillion in 401k accounts and $5.4 trillion in IRAs. These accounts may be individually owned but they are collectively run by the largest mutual fund companies, banks, stock brokerages etc. Do you really think that the $10 trillion plus in assets don't give the war chest funders AKA financial institutions administering these plans some influence in Washington?It seems fear-mongering such as government stealing retirement accounts and total collapse of the stock market is being used to scare people into IULs. PSU
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