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 nation’s debt problems. We’re about to find out if those fears—persistent for decades—have been justified. Read more at TIME...
What could possibly go wrong?
Thursday, November 29, 2012
A promise is a promise... until it isn't anymore
Labels:
401k,
debt,
IRA,
seizure,
Time Magazine,
U.S. Congress
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