Socialization of Retirement Plans

Discussion in 'Wall St. News' started by tman, May 25, 2009.

  1. tman

    tman

    http://www.carolinajournal.com/exclusives/dems-target-private-retirement-accounts.html

    If we can assume that this is an eventuality, I would argue that assets in Roth IRAs will remain safe. I make this assertion based on the fact that income taxes have never been paid on 401-K or traditional IRA assets so the federal government will more readily nationalize these accounts. Roth IRAs have been taxed and are more likely to be considered personal/private property. What do you think???