401k/IRA Screw Job Coming?
I tried to tell you guys that your 401k is in jeopardy, your not going to get it. If you can look at SS, and apply those rules to 401, you will be ahead of the curve. See there is a lot of derivatives on the line, and without supporting the 401 assets, those derivatives will tumble.
That is bad enough, but it gets worse.
The treasury is selling T-Bills to the feds, the feds are the only buyers in town. Think Zimbabwe here. Now they want you to convert your 401 into T-Bills, yielding damn near zero percent. Buy them, and you screw yourself in a hard way.
I will expect them to just make the transfer for you, they know better, they will control your retirement!



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