Bend Over America: Now The SEIU Wants Your 401k! | iStockAnalyst.com: "Having ruined the pension funds of Americans nationally through corrupt and utterly unsustainable 'projections' of future growth labor unions are now targeting your money to make up the difference:
One of the nation's largest labor unions, the Service Employees International Union (SEIU), is promoting a plan that will centralize all retirement plans for American workers, including private 401(k) plans, under one new 'retirement system' for the United States."
Guarenteed Retirement Account Bailout (G.R.A.B.)
Click Here to see the updated 2.0 version of the report.
Friday, March 26, 2010
New U.S. retirement plan rules could hit brokers | Reuters
New U.S. retirement plan rules could hit brokers | Reuters: "Proposed regulations that restrict how financial advisers can work with company retirement plans could send brokers advising small businesses scuttling out of the market."
Obama ally targets 401(k) dollars
Obama ally targets 401(k) dollars: "A key labor union ally of the Obama administration has mounted an effort to create government-mandated worker retirement accounts as an entitlement program, with the possibility that a portion of all private retirement funds could be forced into U.S. Treasury debt."
Thursday, March 25, 2010
Vox Popoli: Adios 401k
Vox Popoli: Adios 401k: "With all of the unfunded public pension liabilities that are so rapidly accruing, there is virtually no chance that the federal government isn't going to transform the 401k plan into a centralized pay-out-as-needed one like Social Security:"
Wednesday, March 24, 2010
ETFs Slowly but Surely Replacing Mutual Funds in 401(k)s | ETF Trends
ETFs Slowly but Surely Replacing Mutual Funds in 401(k)s | ETF Trends: "The exchange traded fund (ETF) industry has long lusted after the prospect of being a standard component of 401(k) plans. While it’s making some serious headway, one provider in particular is leading the charge and having an impact."
Wednesday, March 10, 2010
>>Obama’s Ponzi Scheme with your 401k. Believe it! � And So I Go: Yesterday, Today and Tomorrow
>>Obama’s Ponzi Scheme with your 401k. Believe it! � And So I Go: Yesterday, Today and Tomorrow: "It’s coming� people.� Obama is about to grab your hard earned savings in your 401k and IRA.�� For this your federal government will hand you a promise to give this all back to you in monthly installments for your retirement years.� The federal government has done such a great job with Social Security, Medicare, and the Post Office� that they want you to have faith�� they can do better with your savings than you can yourself."
Monday, March 8, 2010
� Don’t Let Obama Steal Your IRA Or 401K DonStorch.com: Columns/Opinion/Satire
� Don’t Let Obama Steal Your IRA Or 401K DonStorch.com: Columns/Opinion/Satire: "I made a conscious decision some time ago to get out of all U.S Treasury bonds and not to buy any more because America is on its way to bankruptcy.� The time will come when the United States will not be able to sell its debt on the open market.� And, that’s when President Obama will target seniors and attempt to steal their 401K’s through a mandatory program of investing their savings in U.S. Treasury bonds.
You already have that option, but the plan in the works would mandate a government plan for your retirement savings."
You already have that option, but the plan in the works would mandate a government plan for your retirement savings."
Monday, March 1, 2010
Don’t Put Your IRA in A Variable Annuity
Don’t Put Your IRA in A Variable Annuity: "If you’ve talked to a broker or agent about rolling over your retirement account, there’s a good chance the advisor recommended you invest in a Variable Annuity. Don’t do it! I believe the only reason a variable annuity is recommended for an IRA is so the advisor can earn more money. Let me explain."
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