DON SURBER: Why the left hates 401K. [Hint: it's about power and control.]

There is a fellow I know, let's call him Ron Rurber.

He worked for a company for 30 years. After 20 years there, liberals bought it out.

Within four years the liberals stopped paying into the pension plan -- and has since enjoyed the corporate welfare of the Pension Benefits Guaranty Corporation, a federal government entity that takes over failed pension plans. The PBGC took over the pension plan, allowing the liberals who bought the company to be off the hook.

But his 401-k accumulated enough money. Each month, he now pulls down twice what his pension is without touching that nest egg. His 401-k payments are larger than his Social Security.

Isolated case?

Not at all. My 401K required minimum distribution (RMD) is 40% larger than my Social Security and pension income combined. And the 401K balance is still growing.