Brees List

Now your 401k plan is under scrutiny.

Obama wants to make sure you have plenty of money when you retire.  He knows you cannot do it yourself so is going to implement policies that will make it easier for you to do it for yourself …  like adding allowing you to put your unused vaction day money into your retirement fund and allowing small business employees to automatically enroll in 401k plans. There will also be a box on your tax return that will allow you to recieve your refund in a savings bond (allows the government to hang on to your money longer).

Hmm.. That’s all?  ”Common sense “changes .. he calls those changes … set so the employee will have a way to save more money.

The kicker comes here….

The president described the new policies as “common-sense changes,” but urged Congress to do more. Specifically, Obama pushed lawmakers to approve his proposal to guarantee all workers have access to retirement accounts through their employers.

So.. will this be the first step to force all employees to provide a retirement account for each employee and then force them to contribute to those accounts?

Redistribution of wealth .. after all.. is the way to go.

You work hard and pass it on to those below you.

Move over.. 401k plan .. you are getting company.