The Democrats have had their eyes on our 401k and IRA accounts for quite a while. The national debt is $16.5 trillion and growing by the minute. Their appetite for spending is insatiable, and there aren’t enough earners left to…
Tag Archive for 401k
Here We Go, The Left Now Calling 401k Plans ‘Subsidies’
by Lonely Conservative • • 16 Comments
The call by progressives to end 401K plans is growing. Now they’re trying a different tack – these plans that workers contribute to out of their paychecks with some matching funds by employers are being called “subsidies” by the left…
Progressives Would Like To Redistribute Your 401k
by Lonely Conservative • • 23 Comments
Today most middle class American workers who aren’t working in the public sector are relying on their 401k plans to provide for themselves in retirement, or at least to supplement Social Security benefits. Many of us have saved in these…
Video: New York Times Reporters Fret About Eating Cat Food in Retirement
by Lonely Conservative • • 8 Comments
Apparently, The New York Times is in negotiations with the Writers Guild over retirement benefits for the paper’s writers. The company wants to convert their pensions into 401k plans. The writers created this video in protest. One fretted about eating…
Lawmakers Mull Changes to Tax-Exempt Rules for Retirement Savings
by Lonely Conservative • • 3 Comments
Politicians, especially Democrats, love talking about raising taxes on the rich because they say it’s only fair. But they know there aren’t enough rich folks in America to make a difference. They also know there’s vast wealth out there in…
Now that we’re banging on the debt ceiling will the government try to grab your IRA or 401K?
by Lonely Conservative • • 4 Comments
These are interesting times we’re living in, to say the least. The warning signs have been out there, I’ve brought this to your attention in the past – see here, here and here for a few examples. Hey, maybe I’m crazy.…
Democrats and Unions Still Want Your 401k
by Lonely Conservative • • 4 Comments
As if you needed another reason to vote out the Democrats. The unions, and some of their Democrat allies in Congress are still pushing to do away with 401k accounts, to be replaced by Guaranteed Retirement Accounts (GRAs). Last month…
They’re Coming After Our Retirement Accounts
by Lonely Conservative • • 2 Comments
I told you about this in October of 2008, and again in May of this year. There is too much wealth sitting out there in private retirement accounts and the progressive statists want to get their hands on it. I…
Obama Admin Still has Sites on Your 401k
by Lonely Conservative • • 12 Comments
Nothing is safe with these people running the show. I warned you back in October of 2008 that the Democrats wanted to do away with 401k accounts, to be replaced by “guaranteed retirement accounts.” Well, they’ve been busy wrecking the…