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

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Tuesday, May 18, 2010

Government gets an earful on 401(k) proposal - Personal finance- msnbc.com

Government gets an earful on 401(k) proposal - Personal finance- msnbc.com: "What happens when the government considers tinkering with retirement accounts and asks for citizen input?

It gets plenty.

Government officials began seeking comments in February on a proposal to add an annuity option to retirement plans. Such an option would potentially turn a portion of a retiree's savings over to an insurance company in exchange for a monthly check."

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