Guarenteed Retirement Account Bailout (G.R.A.B.)

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Thursday, March 19, 2009

Is Obama going to Nationalize 401k Plans? | eRollover

Is Obama going to Nationalize 401k Plans? | eRollover: "Is an Obama 401k right for you?

401k, Self Directed IRA, IRA Rollover, Roth IRA, Obama 401k, Nationalize 401k

This proposal is in the 2010 Budget and may be a start of a Government take over of the American 401k and Retirement Account system. Obama is giving retirement, IRA, and 401k savers something to monitor closely….

President Barack Obama is calling for establishing automatic workplace pensions and expanding unemployment insurance as part of his spending plan for the U.S. Labor Department next fiscal year. We liken this to an “Obama 401k Plan”"

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