The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Re: Obama wants your 401K/IRA||Date: 2/23/2013 12:06 PM|
|Author: lowstudent||Number: 672745 of 762177|
No way can, or would, ANYONE, of either party, try to take away your 401k or IRA money!
In honesty, the above statement is absolutely true. They will NEVER take away the 401K money.
They will control in and make it into annuities and reduce Social Security by some percent based on your holding in these accounts, demand it be invested in Treasury Securites for Your own good
and a legion more of steps that take it from YOUR control and put it in theirs as well as hit the survivor pass along
But they will never take your 401k
I think we have a lot of idiots that think that their long term savings are safe. These same idiots thought Koyoto was going to do someone in the US some good, they though their overage was safer under ObamaCare, they think that the sequester is actually going to mean government spending is not going to increase even when it is implemented.
These folks are idiots. But sometimes they are right. Your 401k will not ever be taken from you, though it will certainly feel as if it is
Unless of course, we get rid of Obama and anyone stupid enough to have followed his course. These lowlifes and the idiots that vote for them are dangerous.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|