If the 401k system is hit hard by a financial hiccup then I could see the US Govt offering a new system that takes all our 401K money and offers every US citizen a monthly income. Basically a new 'social security safety net' that would do a few things, replace the 401k system, bail out the govt. pensions (that are underwater) and placate all the people that do not understand that the system is corrupt. Thanks for posting, I never watch 60Mins, always good to see what 'help' the MSM is trying to sell.
RE: Watch 60 Minutes: Why you should NEVER own a 401K
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Watch 60 Minutes: Why you should NEVER own a 401K