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re: Gov't seizing 401K money
Posted on 3/20/13 at 8:50 am to JBM210
Posted on 3/20/13 at 8:50 am to JBM210
it could happen. they will have to increase revenue to pay for this debt and our unfunded liabilities so i wouldn't rule anything out. i think a more realistic scenario is them raising the early withdrawal penalties on 401ks and IRAs from 10% up to 20-30%.
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