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I didn't say that. But at least I wouldn't have to worry my 401k will be governized.
Originally posted by Horus12
And Im sure everything would have been just perfect if Mcain had been voted in, he would of saved the economy with his hand to hand combat training.
Every one of his policies would have made the air outside smell just that little bit more fragrant. And all America's problems would have disappeared with a shrug.
“I want to stop the federal subsidy of 401(k)s,” Ghilarducci said in an interview. “401(k)s can continue to exist, but they won’t have the benefit of the subsidy of the tax break.”
And the Government is contemplating, creating a thing similiar to 401(k)'s that would get 3% annually plus adjusted for inflation. Would be managed by the Social Security people, and would give people the ammount of money they had in 401(k)'s in august as opposed to now.