If Uncle Sam thinks I’m going to “voluntarily” buy Treasury bonds with my 401k, he’s going to have a big surprise when I simply stop contributing and opt out, assuming that option is even available.    For decades third world countries have been nationalizing and seizing pension plans and now the U.S. seems to be headed down the path of nationalizing 401k plans.

Oh sure, it’ll start off slowly, just 1% here or 3% there then it’ll get to 10% or 20% then the government will fiddle it all away like social security.  If this rule is enacted I think I will be done with ever investing in the 401k.  What about the free match you ask?   Well there’s nothing for free and especially if the government is going to take it.   We’ll see what happens in a couple of weeks…