thanks for keeping us up to date on the latest money grabbing from D.C. I have a 401k to keep them away from my money, bad enough I have to tell them how much I put in every year on my taxes, I dont think Soc. Sec. will be there when I retire, if it is great otherwise I will have to live off the 401k and it is not enough to live off, so KEEP YOUR HANDS OFF YOU THIEVES.
Remember that old phrase, “I’m from the government, and I’m here to help”? Well, it looks like we are hearing it again, at least on the issue of keeping Americans’ retirement funds safe. The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in ‘helping’ Americans manage the $19.4 trillion they have put into retirement savings. This would be the agency’s first incursion into the investments of consumers.
“That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” said bureau director Richard Cordray.
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