1) Not sure what their plan was, but Bush said it was his major goal of the 2nd term. 2) Yes, if you want that. I'm sure there were options to invest in Bonds

1) Not sure what their plan was, but Bush said it was his major goal of the 2nd term. 2) Yes, if you want that. I'm sure there were options to invest in Bonds only or whatever else. Point was you had the choice and it wasn't just redistribution. 3) No, the whole point was to give choice. There's probably some stipulation where a certain % has to be in bonds as you near retirement age, but we're talking about a dead bill 20 years ago.