US Dept of Labor: U.S. Department of Labor publishes agenda for September 14-15 joint hearing on lifetime income options for retirement plans

The Obama administration is attempting to find a way to get it's hands on people's retirement accounts now and will sell it as protecting people's retirement investments, but it will most likely start by replacing at least part of the money in 401K and IRAs with government bonds. Confiscation has been mentioned by some news articles, but the government realizes the outcry over that would be outrageous, so instead if they try, which it looks like they might, they would start trying to convince people they were protecting them and start small working their way towards 100% of your retirement income (they did such a good job with social security).
United States Department of Labor
Employee Benefits Security Administration

EBSA News

Release Date: August 26, 2010
Release Number: 09-1234-NAT
Contact Name: Gloria Della
Phone Number: 202.693.8664
Email: Della.Gloria@dol.gov

U.S. Department of Labor publishes agenda for September 14-15 joint hearing on lifetime income options for retirement plans

Washington — Today the U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) released the agenda for the upcoming joint hearing with the Department of the Treasury on lifetime income options for retirement plans. Accompanying the agenda are copies of the witnesses’ requests to testify and testimony outlines. The hearing begins at 9:00 a.m. (EST) on September 14 and 15, 2010. The hearing will be held in the Labor Department’s main auditorium, 200 Constitution Avenue, NW in Washington, D.C.

A live webcast of the hearing will be available on EBSA’s Web site at www.dol.gov/ebsa.

The agenda and requests to testify are available on EBSA’s Web site at www.dol.gov/ebsa. Individuals planning to attend the hearing should provide contact information by email to e-ORI@dol.gov and arrive at least 15 minutes prior to the start of the hearing to expedite entrance into the building.

U.S. Department of Labor news releases are accessible on the Department's Newsroom page. The information in this news release will be made available in alternate format (large print, Braille, audio tape or disc) from the COAST office upon request. Please specify which news release when placing your request at 202.693.7828 or TTY 202.693.7755. The Labor Department is committed to providing America's employers and employees with easy access to understandable information on how to comply with its laws and regulations. For more information, please visit the Department's Compliance Assistance page.

link: http://www.dol.gov/ebsa/newsroom/2010/ebsa082610.html

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