The Federal Government Is Moving To Seize All 401K Plans – Hearings Scheduled

Kenny Solomon RedState.com 8/27/2010

The United States Department Of Labor in ‘partnership’ with The United States Department Of The Treasury convene a two-day hearing on September 14th and 15th.

Host: The Employee Benefits Security Administration (Dept. Of Labor).

The title: Lifetime Income Options For Retirement Plans.

U.S. Department of Labor publishes agenda for September 14-15 […]

Class Warfare’s Next Target: 401(k) Savings

by Newt Gingrich and Peter Ferrara Investor’s Business Daily 2/17/2010

You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings.

[…]

Obama to meddle with your retirement account? Administration considers forcing investors into Treasury debt

by Jerome R. Corsi WorldNetDaily January 14, 2010

The Obama administration appears to have come up with a novel way of financing trillion-dollar budget deficits – demanding IRA and 401(k) holders buy trillions of dollars in Treasury bonds.

With the Treasury needing this year to see another $1 trillion in debt to finance the anticipated […]

Obama looking for retirement plan reforms

By Eric Zimmermann The Hill September 5, 2009

President Barack Obama announced a series of policy changes Saturday aimed at making it easier for Americans to save money for retirement.

Among the changes are expanded access to 401k plans, small tax policy changes and a pledge to let workers convert vacation days into retirement savings. […]

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