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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (95651)10/18/2012 10:35:11 PM
From: TobagoJack  Respond to of 218632
 
defacto confiscation of private pension is certainly an important part of the argentine playbook, right before the zimbabwe prerogative is executed by same confiscating authorities

much more can and shall be done in the name of upholding liberty, protecting freedom, fight evil, and continue w/ the wastrelism

the elite shall not go quietly into history



To: Tommaso who wrote (95651)10/18/2012 11:57:37 PM
From: Snowshoe  Read Replies (1) | Respond to of 218632
 
De facto "forced" investment in treasury bonds has already happened to some extent, by the simple mechanism of scaring the living crap out of retirement investors over the last decade.

I have a 457 deferred-comp account, which was affected by the same retroactive IRA treatment as your 403b. I regarded this change as a net benefit, because it opened up the option of rolling over those funds to an IRA with more investment choices. I might feel differently if I survive past 90, and my annual RMD zooms up. ;)