Figured it out? I'm talking about private retirement accounts, 401K's and the like. Clinton once proposed a one time "tax" of approximately 10%-15% of the current value of all 401K's to permanently shore up Social Security. Some of the really far left politicians have floated the idea of seizing ALL 401K's and then putting them under government control as sort of a Social Security Plus retirement benefit.
After all it's hardly fair to those financial deadbeats that never saved that you have a huge nest egg out there.../sarcasm off
‘Effectively, Labour has stolen £5bn a year from our pension funds. And that 1997 legislation really set the tone for things to come.’