Biden’s 401(k) Heist

If you put money into a 401(k), beware. Until now, the law always required fund managers entrusted with your savings to invest the money where it’s expected to get the top return for you. Period. But on Nov. 22, Biden’s Labor Department announced a rule change that goes into effect the end of January. It will allow fund managers to invest your money in the stocks of companies that favor left-wing policies, even if they earn a lower return.

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It’s legalized theft. The future return on your retirement nest egg is being sacrificed to advance a woke agenda.

President Joe Biden’s going after 401(k) retirement accounts, risking millions of workers’ comfortable retirements.

A lower return means you’ll have to work more years before retiring or start putting more into your 401(k). Or settle for a lesser standard of living in the final years of your life.

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