So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds

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So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds Tweet
Anonymous Coward User ID: 9100 United States 05/22/2011 12:39 PM Report Abusive Post Report Copyright Violation	So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds Tampering with peoples money.... AGAIN. [link to www.bloomberg.com] This is EXACTLY why I do not use any type of "government" regulated retirement accounts. I do my own management and use standard vehicles to do it, thank you very much. Stupid govt...
milehighmike User ID: 339344 United States 05/22/2011 12:44 PM Report Abusive Post Report Copyright Violation	Re: So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds IMHO, it's inevitable that they'll try to nationalize retirement accounts to help fund Social Security...This is just the proverbial camel's nose under the tent. "Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, 'What's in it for me?'" — Brian Tracy: Personal and business training author, speaker, and consultant "We are all, right now, living the life we choose." -- Peter McWilliams, Author "The bad news is time flies. The good news is you're the pilot." -- Michael Altshuler
Anonymous Coward (OP) User ID: 9100 United States 05/22/2011 12:46 PM Report Abusive Post Report Copyright Violation	Re: So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds IMHO, it's inevitable that they'll try to nationalize retirement accounts to help fund Social Security...This is just the proverbial camel's nose under the tent. Quoting: milehighmike Without question... Anyone in these type of accounts now at this point in the game are idiots.
Anonymous Coward User ID: 1272424 United States 05/22/2011 12:48 PM Report Abusive Post Report Copyright Violation	Re: So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds They are just making this move so people don't empty out their accounts before the .gov can get their hands on it.

Anonymous Coward (OP) User ID: 9100 United States 05/22/2011 12:53 PM Report Abusive Post Report Copyright Violation	Re: So it begins: Senate Bill Would Limit Savers Using 401(k)s as Rainy-Day Funds They are just making this move so people don't empty out their accounts before the .gov can get their hands on it. Quoting: Anonymous Coward 1272424 And the will sleep right through it... only a few of the smarter ones will get out in time.
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