Will Uncle Sam Takeover Your IRA?
Posted by Larry Doyle on February 19th, 2010 11:06 AM |
Is the launch of government sponsored annuities a precursor to the formal takeover of your retirement accounts by Uncle Sam?
The groundwork for this possibility is being laid by the powers that be in Washington. Will it come to fruition? Only time will tell, but did you think developments over the last 18 months would ever happen? While we can hope for the best, we should prepare for the worst — including the potential reality of having Uncle Sam take control of your retirement accounts. (more…)
Tags: Barack Obama takeover of retirement accounts, BusinessWeek article Mandatory IRAs May Burden Small Employers, government sponsored annuities, government takeover of IRAs, IRA takeover by government, IRAs 401Ks, Mandatory IRAs, Molly Brogan of National Small Business Association on retirement mandates, nationalization of retirement accounts, Otto van Bismarck thumb on purse, retirement accounts, Ron Holland The Coming Obama Retirement Trap Has Started, Thomas M. Schmidt on retirement accounts, will government takeover retirement accounts
Posted in General, IRAs | 11 Comments »
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