Retirement?

[Dunkopf]

Watch it on the 401ks. They aren't safe either. The regulations on them means that the government can take them over if they want. And it is on the table - they are discussing it as a means of raising capital. Of assuming control of all 401k accounts, and putting them into savings bonds, to fund government debt.

No scare thing there, this is going on in the finance committees and hearings.

Could you post some info on that? I would like to see if that's for real or not. Since they have nothing to do with the portion we contribute, I don't see how they could touch it. I have heard that the employer contribution has some govt subsidizing going on. I would like to hear more about it.