Eying your pension
The 10/23/08 Wall Street Journal has an article “Eying your Pension”, which reports on consideration by a potential Democratic administration of ending the 401k as it exists today, replacing it with a government plan.
Anyone else aware of similar reports?
We were getting ready to set up a 401k effective 1/1/09. What are the chances existing plans would be grandfathered in?
pondering
Permalink Submitted by Al Fry on Mon, 2008-10-27 13:34
I think BHO is smarter than that……………..but you never know. It would be a sure way to be a one-term President. Newly elected politicians only have one primary goal in mind, that is to get re-elected.