Those who have been delaying moving their retirement funds out of the system on the account of early withdrawal taxes may want to take notice.
If the official 2012 year end notification an SD reader received from the TSP is any indication, it appears that our prediction of forced movement of 401k, IRA, private & public pension funds into US Treasury bonds may be closer than ever.
As can be clearly seen via the document below, the retired former employee of the Social Security Administration has received official notice that all future 401k contributions have been moved from his prior allocation into 100% US treasury bonds!
I just heard from a friend of mine that who worked for the Social Security Administration for a few years that his entire 401k has been moved from where he allocated it into US treasury bonds.
He just received his annual statement that shows all of his funds have been moved, without his permission or even notice!
This is what Max Keiser and Jim Sinclair have been predicting for over a year now. As far as I know, thus far this has only been applied to non-active employees, but it looks like the tip of the iceberg, and smacks of desperation. I thought you guys could take a look at this. Silver Dragon
6 thoughts on “Federal Government Forcing Employees 401K Funds into Treasuries?”
All the financiers & stockholders of the Federal Reserve are extremely corrupt & have nothing to do but figure out how to steal your $$’s & make you think you did it! BEWARE —- Continue to fight for Liberty, freedom, Justice & truth
Time to get your money out of the banks. The runs are coming and I think that the collapse will really hit before April 15th when people are expecting their tax returns and won’t get any.
Don’t expect that refund check people. I have a feeling no one will see a return this year or ever again. The treasonous IRS has just stolen everything you earned.
Have a nice day!
hope your wrong NC
I do not think NC is too far off (but the problem for the elites is that they have to figure out how to do all this theft without folks finding out until it’s way to late to stop it…I sometimes think when I’m not doing anything else that since these folks don’t even wipe their own asses after pooping that the only thing they do all day is think and plot…and maybe play sports for exercise), but I wonder what would happen with the military if they did this theft at USAA Federal Savings Bank, which is where a majority of military and families keep their money because they think it’s safe there (seeing as how it wouldn’t be very smart to piss off the military, now would it?). But if you have an account at Bank of America or CitiBank or Wells Fargo or Chase, it would definitely be a good idea to get all your money out ASAP, as much at a time as you can. When they hit the credit unions, then we’ll all know the game is up.
OK, so I know what all of you are saying and I’m not saying I disagree. But I know I am not the only one who is completely unsure how to proceed: what do I do with my IRA, exactly? Take the penalty hit and….? hide it in my mattress?
Several points about the TSP statement and TSP:
1. After you retire, an employee’s contributions end, but the statement software requires that ‘future contributions’ field to balance, so 100% goes in that field.
2. The gov announced years ago that the TSP was being used like the Social Security ‘trust fund’ so current allocation and future allocation are smoke and mirrors anyway. It’s all going to feed the debt and deficit spending and being replaced with ‘US Treasuries.’
3. Non TSP 401k’s are most likely being rehypothecated in similar ways as well.
Nothing to see here. Move along….
Nothing to see here, move along….