Have a 401(k)? Watch out!

Not surprisingly, the Feds are looking at ways of getting their fingers into your 401(k) retirement savings.  The Treasury is proposing to take money from 401(k) accounts and convert it into government-backed annuities paying a 3% return.  Look here and here for more discussion.  It is absolutely astounding how little play a proposal like this gets in the major media.

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