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Re: naz...democrats plans to seize 401k assets

Posted by Orange Blossom Special on Sun Nov 9 01:35:28 2008, in response to Re: naz...democrats plans to seize 401k assets, posted by LuchAAA on Sun Nov 9 01:27:46 2008.

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what type of person actually comes up with the idea in their own head that 401k's suck and is stealing money from the gov't?

Now I turn around and wish they privatized social security. Australia has the superannuation fund, and they have good savings from it. I was against it at first, but looking around, what alternative do you have. Arent' pensions run that way? I also understand that Dubya forces you to automatically enroll in a 401k plan at 3% when you start a new job now. You have to call on your first day to opt out. Good deal.

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