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The government can't touch it?

You had better take a closer look at the laws covering your 401k. Unless you have a Roth 401k (paid with after-tax contributions, fairly new, and very rare) your 401k is taxed as normal income when you start drawing on it. A conventional 401k is tax DEFERRED, not tax exempt. The government lets you forget about taxes now, knowing that you will have to pay them later.


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