THE AMERICAN JOURNAL

Coming Soon: Substituting Government Annuities for Your 401(k)?

The Democrats believe you are too dumb to invest your own money wisely.


January 15, 2010 – by Will Collier

……

It turns out that Obama appointees Phyllis Borzi (assistant secretary of labor) and Mark Iwry (deputy assistant treasury secretary) are floating the idea of “the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams.”

Read more: Pajamas Media

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January 16, 2010 - Posted by | Uncategorized | , ,

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