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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
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Re: Government Seizing Retirement Accounts - 1st Steps: MyRA, Retirement Equivalent of Obamacare, Quietly Implemented this Week
How does myRA work?

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.
 Quoting: AlcoholicAlien


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
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12/25/2014 01:24 PM
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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
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12/25/2014 01:49 PM
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Re: Government Seizing Retirement Accounts - 1st Steps: MyRA, Retirement Equivalent of Obamacare, Quietly Implemented this Week
The liberal think tank woman is very dangerous.

[link to www.economicpolicyresearch.org]
 Quoting: twortle


are you talking about Hilary





GLP