Are you ready to turn over your 401K to the federal gov't in exchange for a GRA?

The author of this article a href="http://www.sharedprosperity.org/bp204.html" rel="nofollow"http://www.sharedprosperity.org/bp204.ht…/a does not think it is right and fair that you get to decide how much you want to save for retirement on your own and you are too dumb to choose investments so you need to turn it over to the gov't and they will guarantee a 3% rate of return and give you a pension when you reach their retirement age. When you die they keep half of it. You cannot borrow from it like you can now. Oh yes, you are limited to only contributing 5% of your income with no match except for a $600 tax credit. Watch out, she recently testified before the legislature and Nancy and Harry are lovin' her idea. We haven't heard from Barry on it but we know how he likes to redistribute.