Government Seizing Retirement Accounts - 1st Steps: MyRA, Retirement Equivalent of Obamacare, Quietly Implemented this Week | |
Anonymous Coward User ID: 66277530 United States 12/25/2014 01:19 PM Report Abusive Post Report Copyright Violation | Re: Government Seizing Retirement Accounts - 1st Steps: MyRA, Retirement Equivalent of Obamacare, Quietly Implemented this Week How does myRA work? Quoting: AlcoholicAlien When either of these limits is reached, savings will have to be rolled over (transferred) into a private-sector Roth IRA. A rollover to the private sector allows savers to continue to grow their savings past the maturity of their myRA starter savings account. Savers can choose to roll over their account balance into a private-sector Roth IRA at any time. More information will be provided to myRA account holders about rollover to the private sector in the future. BINGO It is a way to close down public spending like Social Security and hand it over to the leeches on Wall Street. Obamacare was a gift to Big Insurance Bail Outs were a gift to the Big Banks Never do they do anything for the people of this country but for the ones that bank roll them which are the Big Wall Street Banks and Multinational Corporations. More Fascism |
Anonymous Coward User ID: 39908769 United States 12/25/2014 01:24 PM Report Abusive Post Report Copyright Violation | Re: Government Seizing Retirement Accounts - 1st Steps: MyRA, Retirement Equivalent of Obamacare, Quietly Implemented this Week MYra is a long term revenue scheme. Once you roll over your paultry $15,000 and start collecting from the Roth IRA, the intrest paid will be meaningless because of the tax rate on what you draw. You're basicly paying government to screw you at the back door. |
Anonymous Coward User ID: 16316818 Canada 12/25/2014 01:49 PM Report Abusive Post Report Copyright Violation | |