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Q: Is it true that there are bills in Congress that would exempt members and their staffs and families from buying into “Obamacare”?
A: No. Congress members and staffers will be required to buy insurance through the exchanges on Jan. 1. But reportedly there is concern about whether federal contributions to premiums can continue without a change.
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Tag Archives: 401(k)
IRAs, 401(k)s and You
Q: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts? A: No. There’s no plan to seize these accounts. One House witness at a committee hearing proposed to allow some people to trade their old accounts for a new type that would be less risky.
Posted in Ask FactCheck
Tagged 401(k), Congress, Democrats, Harry Reid, IRA, Nancy Pelosi, taxes
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