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What are the chances that the government will actually seize our 401(k) and IRA investments and manage them with Social Security in Government Bonds?

Is it prudent to wait and see before investing in my IRA next year?


I don't want Government touching my money.

AFAIK, the proposal was only about the 401k and IRAs would remain the same and still be safe. So if you are only doing an IRA, I think it is fine.

I'd do a search though to verify this if you are really concerned about it.
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