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How the Government Is Coming After Your IRA and 401(k) Plan

Postby Cobra478 on Wed Dec 12, 2012 12:29 am

There are huge amounts of money in these plans, which makes it very tempting for government to try and get at it. The government may, or may not, tax the money, but there are other ways they may get at the funds.

An Investment Company Institute study published this month found that U.S. retirement assets totaled $18.5 trillion at the end of the second quarter 2012, of which 3.5 trillion was in IRAs and $5.1 trillion was in 401(k) plans.

More Plus Comments At The Link: http://www.economicpolicyjournal.com/20 ... nal.com%29

Have A Nice Day. :D
 
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