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Fiscal Cliff Idea: How About We Tax Your 401k?

Ohio_Conservative457 Wrote: Nov 29, 2012 3:58 PM
Obama, Pelosi and Reed... Listen Up! We can (rather you can) survive the Fiscal Cliff! Any attempt to Nationalize or TAX 401k(s)... will spark a Revolution in this country that you FOOLS WILL NOT SURVIVE! TCG-L
B1RD Wrote: Nov 29, 2012 4:13 PM
Be very careful with your words on this or other sites...the Nazi's are watching!
Ohio_Conservative457 Wrote: Nov 29, 2012 5:26 PM
I know B1RD!

I've been killed twice for taking on the SOBs... I just don't care anymore!

As long as you see my post amble (TCG-L)... you'll always know it's me
not hiding under ridiculous pseudonyms as a user id!

TCG-L

How do you feel about the government touching your private retirement account known as your 401k in order to "pay down the deficit?" Not so good? Already feel like the government has stolen your retirement through Social Security? Well get ready because taxing the 401k is floating around as an idea while the fiscal cliff talks on Capitol Hill continue.

One of the earliest fears about tax-favored savings accounts like IRAs and 401(k) plans was that when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the...