So I was reading an article about the feds managing your savings account. Really?!? Out of sight out of mind- are they crazy! So here is what is proposed in a nut shell. You receive a paycheck from your employer and the Government takes some money out. If you get a raise- they want to take that too. The question is...where is money going and when can I withdraw it? What is the interest rate? The nice thing is that the proposal right now says they will let you opt out of the plan. What does that tell the Government? You don't believe in saving. Maybe it says you are radical and non supportive. Either way- more control by Government is coming and this does not make the majority feel so good. You can read the article for yourself and come to your own conclusion.