tag:blogger.com,1999:blog-8051323015497516306.post6072549797347539551..comments2023-09-25T07:15:43.610-04:00Comments on My Money Shrugged :: Where Atlas Shrugged meets Personal Finance: Governments hands in our 401(k)s?Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8051323015497516306.post-32178792459263972009-05-14T11:34:00.000-04:002009-05-14T11:34:00.000-04:00MMS, while I share your apprehension regarding gov...MMS, while I share your apprehension regarding government meddling with retirement vehicles, I feel there are a few pieces of legislation in the works like H.R. 1984: 401(k) Fair Disclosure for Retirement Security Act of 2009 and H.R. 2021: Savings Recovery Act of 2009. I've got status links for them over at http://ihopetoretiresomeday.blogspot.com/. <br /><br />I agree that the government has a bad track record with money management, but I think there is always room for more transparency and H.R. 1984 might help with that. As well, we have a lot of people ready to retire that lost out big time in the last year or so. Unemployment could be further increased if millions of baby boomer retirees try to keep working for another five years.David Csonkahttps://www.blogger.com/profile/15158978883756798591noreply@blogger.com