Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs

Dems Target Private Retirement Accounts

By Guest Column —— Bio and Archives--November 7, 2008

American Politics, News | Comments | Back To Full Article

Karen McMahan, Carolina Journal Online RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.

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