Why the Feds Won’t Confiscate Your Retirement Plan… But They Will Do This
Over the last few weeks, I’ve had close to 30 consultations with
Nestmann Group clients. And one of their top concerns is that Barack
Obama or some future US president will find a way to confiscate the
money in their IRAs or 401(k) plans.
It’s not going to happen. Now, I know that’s not what you’re reading
from some of my colleagues covering the wealth preservation and asset
protection beat.
What’s more, if I’m wrong and the government does confiscate
retirement plans or requires them to make mandatory investments (e.g.,
in long-term government bonds, etc.), the solution some of my colleagues
have suggested won’t protect the assets in your plan
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