Government wants your 401(k)

Government wants your 401(k): "The Obama administration appears to be proceeding with a novel way of financing trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their investment accounts.

The requirement to invest private retirement assets has been cleverly buried within plans to create 'automatic IRAs' that would mandate employer groups enroll all employees in 401(k) or IRA plans."