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Home › Forums › Financial Markets/Economics › Sell › The-Shoveler wrote:I predict

August 26, 2020 at 1:49 PM #819399
Coronita
Participant

[quote=The-Shoveler]I predict mayhem no matter who thinks they won IMO only.

choose your intolerant leader, any descent from official message will not be tolerated.[/quote]

Well, some folks wants to severely cripple 401k plans for anyone that isn’t poor.

https://www.forbes.com/sites/ebauer/2020/08/25/joe-biden-promises-to-take-away-401k-style-retirement-savings-whats-that-mean/#3f9385214eb0

Wanting it and doing it are two different things, but I think things will get reeled in.

Old savers with something like 7 figures in it already will probably be grandfathered in. New savers trying to accumulate wealth, it’s going to get tougher. Not my problem.