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Has Anyone Heard Anything About the Govt Auditing 401k Accounts?

 
Anonymous Coward
User ID: 781451
United States
06/27/2010 01:10 AM
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Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
I've heard the govt is auditing what ppl have in their 401k to possibly determine who may not need Social Security (because they have so much saved in their 401k) .. has anyone heard anything about this? I wouldn't be surprised if they pulled this benefit from some ppl who have 'too much' in their opinion.
Useful RepEATER

User ID: 924966
United States
06/27/2010 01:15 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
If they are surveying 401k's, it's just so they can get an idea of how many numeric digits are available to confiscate. There are many mainstream articles available about this topic.
Real Eyes, Realize, Real Lies.....


Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Anonymous Coward (OP)
User ID: 781451
United States
06/27/2010 01:17 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
If they are surveying 401k's, it's just so they can get an idea of how many numeric digits are available to confiscate. There are many mainstream articles available about this topic.
 Quoting: Useful RepEATER



"numeric digits" .. dollars? or are you talking about transitioning into a digital (dollar) age .. i wouldn't be surprised .. i also think it's plausible they could withhold SS benefits from some in the future
Anonymous Coward
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06/27/2010 01:19 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
Some guy made a thread about it.

Thread: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
Useful RepEATER

User ID: 924966
United States
06/27/2010 01:22 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
If they are surveying 401k's, it's just so they can get an idea of how many numeric digits are available to confiscate. There are many mainstream articles available about this topic.



"numeric digits" .. dollars? or are you talking about transitioning into a digital (dollar) age .. i wouldn't be surprised .. i also think it's plausible they could withhold SS benefits from some in the future
 Quoting: Anonymous Coward 781451

I was just being facetious, since most "money" these days exists simply as digits on a bank's database.
Real Eyes, Realize, Real Lies.....


Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Anonymous Coward
User ID: 981223
United States
06/27/2010 01:22 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
If they are surveying 401k's, it's just so they can get an idea of how many numeric digits are available to confiscate. There are many mainstream articles available about this topic.
 Quoting: Useful RepEATER


Nah, it's so they can "borrow" the parked cash to use for the underfunded UNION pension payments, to put off that disaster a little longer.

They already took the FDIC account insurance off of money market accounts! (this was late last year!)

They're most dangerous when they're desperate, and man are they desperate! scared
Anonymous Coward
User ID: 742489
United States
06/27/2010 01:31 AM
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Re: Has Anyone Heard Anything About the Govt Auditing 401k Accounts?
There is no evil act that I do not think Obama is capable of.

My above belief is dictated by the logic and deductive reasoning of having observed him these last two years.





GLP