Government to seize 401(k) Pensions
I heard about this a while back, and here it is raising its ugly head again. What would you Do?
Tuesday, October 12, 2010
The government is preparing to seize the private 401(k) pensions of millions of Americans while enforcing an additional 5 per cent payroll tax as part of a new bailout program that will empower the Social Security Administration to redistribute pension funds in a frightening example of big government gone wild.
Government Prepares To Seize Private Pensions