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TheStreet Open House

Tea Party Sympathizers Skewer 401(k) Proposal

Only a handful of the comments struck a supportive or neutral stance. Among them: "I just want to say that I hope everything possible is done to ensure retirement security for all Americans. Make annuitization the default option! Don't listen to paranoid idiots who think a sensibly regulated pension system is 'socialism.' "

Comments may be addressed to the U.S. Department of Labor, Office of Regulations and Interpretations, Employee Benefits Security Administration, N-5655, 200 Constitution Ave. NW, Washington, DC 20210, Attn: Lifetime Income RFI.

The email address is E-ORI@dol.gov or through the federal e-rulemaking portal at www.regulations.gov. The deadline is May 3.

-- Reported by Joe Mont in Boston.

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