The Government Wants to Hijack Your 401(k)

The Government Wants to Hijack Your 401(k): "According to widespread media reports, both the U.S. Treasury Department and the Department of Labor plan are planning to stage a public-comment period before implementing regulations that would require U.S. savers to invest portions of their 401(k) savings plans and Individual Retirement Accounts (IRAs) into annuities or other 'steady' payment streams backed by U.S. government bonds."