Government is Quietly Planning to Seize Your IRA
Posted on Jun 8th, 2010 in News, Other Articles
Think it can’t happen? We’ve written about it before.
“In a letter sent to the Department of Labor and Department of the Treasury, Republicans expressed strong opposition to any attempt to eliminate or federalize private-sector IRAs or 401(k)s. Alexa Marrero, spokesperson for Republican members of the House Education and Labor Committee, told CJ that, while she’s unaware of any specific timeline, the administration’s lack of transparency on previous issues makes it possible it could act at any time without providing much notice.”