When my company’s 401k plan got cancelled, I had to roll everything over into a Traditional IRA. I thought the transfer of money would happen through ACH, since I had to give them the financial institution’s information. But a few days ago I got a check in the mail, made out to the bank I got the IRA with, for an amount larger than I’d ever seen on a check before. So I found out what address to send it to, filled out the deposit slip, and went over to the Post Office to get it where it needs to be.
I got every piece of tracking on that thing that they would allow with a PO Box destination. I don’t trust the Post Office with that kind of responsibility. It made me think whether people like Obama and his supporters on the left would feel nervous putting most of their retirement savings into the hands of the US Postal Service. If the answer is yes, then why do they trust them with our health care? Does the government magically become more competent when they are asked to manage the health care system as opposed to delivering the mail? The latter tasks seems to be a lot simpler to me, yet I’m still nervous entrusting them with my life’s savings.