I got an email from Jim Willie, Golden Jackass, with an article and information linked about how people are finding out their 401K retirement plans have been switched to 100% government bonds without approval or notice. In fact they are being switched out from where the individual allocated their retirement money. Jim has been predicting that this would happen for awhile now and it appears his prediction is now becoming reality.
I wrote about retirement plans many times. The latest was how retirement plans are expensive and about Perpetual Assets and what they do. (The video of my interview of Will is on the side, that explains what Perpetual Assets is)
Here is an article from Economic Policy about how the government is coming after everyone's retirement accounts.
Check your statement and find out if your retirement plan is being rolled into government bonds too. Call your financial planner who is in charge of it, ask if your retirement plan can be put into bonds without you being notified.
I have information up on the side about Perpetual Assets. I really hope everyone with a retirement plan seriously considers having your retirement plan money in your OWN hands, where you completely control it!
I sincerely and deeply feel the only way for Freedom from government control of your money is controlling it yourself and holding it without the government getting their hands on it. I only put out information I believe in and I believe will help people.
It is that important!
USA Today published this article last month (December 2013) about how government bonds give you the most money for your retirement plan. The media is of course working with the government and Wall Street to get everyone's money, they are all in it together. They are putting propaganda pieces out ahead of the moves of everyone's money into government bonds.
Here is the original article linked at the top:
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.
Here is the statement of how his retirement fund has been switched to all government bonds without his approval or notice it was being done.
It is happening. The government IS in the process of getting the Trillions in retirement accounts and they will come after all of them. They will do what it takes for their Wall Street buddies and puppet masters.
My research on how stocks and bonds are put into a company's name that is owned by the Federal Reserve when you purchase them.
Cyprus and MF Global able to just steal everyone's money. The sanctioning of stealing people's money has already happened here and will happen in a big way with the retirement accounts.
PROTECT YOURSELF! HOLD AND CONTROL YOUR OWN RETIREMENT AND 401K PLANS! DON'T LET THE GOVERNMENT AND WALL STREET GET THEM!
Video about it all:
UPDATE 1/27/14 - Land Patent - Complete Sovereign Rights to your Land, Can never be taken by Government or by a Foreclosure! I investigated this due to a comment below. It is Real! Everyone who owns property needs to claim their Land Patent!
Edit to Add: Jim Willie Spoke to me this morning about MyRA - said it will include Toxic Fannie Mae Bonds!
401k retirement plans, are based on ERISA, Public Law 93-406, "employees of foreign affiliates, Title 26 USC section 3121(L), you are in the eyes of the de-facto government, doubt it?, Google ERISA, 401K.
ReplyDeleteTitle 26 - INTERNAL REVENUE CODE
Subtitle A - Income Taxes
CHAPTER 1 - NORMAL TAXES AND SURTAXES
Subchapter D - Deferred Compensation, Etc.
PART I - PENSION, PROFIT-SHARING, STOCK BONUS PLANS, ETC.
Subpart A - General Rule
Sec. 406 - Employees of foreign affiliates covered by section 3121(l) agreements
EFFECTIVE DATE OF 1974 AMENDMENT
PUBLIC LAW 93-406 EMPLOYEES RETIREMENT INCOME SECURITY ACT
Amendment by section 1016(a)(4) of Pub. L. 93–406 applicable, except as otherwise provided in section 1017(c) through (i) of Pub. L. 93–406, for plan years beginning after Sept. 2, 1974, but, in the case of plans in existence on Jan. 1, 1974, amendment by Pub. L. 93–406 applicable for plan years beginning after Dec. 31, 1975, see section 1017 of Pub. L. 93–406, set out as an Effective Date; Transition of Rules note under section 410 of this title.
China is starting to crack.....it won't be long folks.
ReplyDeleteWell, like I said many years ago....."If you don't hold it, you don't own it"... Ponce
ReplyDeleteAnd that's why I now have a "Land Patent" that converted my "Property" into a "Private Property" and really all mine without interference from the County, State or Federal government.......you should also look into this.
Wow, I have just done some research on 'Land Patent'. I had no idea about that and I use to be a realtor. Thank you. I will be getting information out about it.
DeleteTHANK YOU! I have researched it and I have written about it! I believe it is about the most important information I have ever written about for people to claim their FREEDOM! THANK YOU AGAIN!
DeleteDue to your comment, hopefully thousands or more will now claim their Land Patent for their property!
Our Sovereign RIGHTS!
Here is my article and video about it (I have worked on this since reading your comment this morning)
http://sherriequestioningall.blogspot.com/2014/01/one-of-most-important-articles-i-have.html
And how many of us actually OWN our homes and property? I don't know about the rest of you but the bank owns about everything I have!
DeleteSorry but based on the image of the guy's statement, which is dated 12/31/12, all his money was not switched over to government bonds (G Fund). He had only 62% in the G Fund as you can see. The rest of the amount was mostly allocated in stock market. The allocation for FUTURE CONTRIBUTIONS was 100% in the G Fund. But since he is no longer an active employee there is no future contributions and because of that the G Fund is the default investment choice. There is no evidence that ALL or ANY of this man's money was switched to government bonds.
ReplyDeletehhmm... first in your comment you say 62% was in G fund then your last sentence says no evidence Any of the money was in it..... seems you are contradicting yourself.
DeleteSherrie,
DeleteAnonymous is correct. No current funds were switched by the Government only his future contributions were changed since he was no longer an employee. Should he be re-hired he would need to change his future contributions just like a new employee would from the default choice. This is how it is done at most companies now.