Reply #1: did you know your 401K is not insured? [View All]

[amazona]

So your private account, from which you had your salary cut down all these years since 1982 or whenever...the owner of the company can help himself, flee the country, and you're screwed.

And people think Social Security is risky?

This is sick.

All 401Ks should be gov't insured like bank accounts at least up to a reasonable amount like $500K or so. You can't live another life several decades long and replace your retirement if it is stolen!

The conservation movement is a breeding ground of communists
and other subversives. We intend to clean them out,
even if it means rounding up every birdwatcher in the country.
--John Mitchell, US Attorney General 1969-72