They Want Your IRA (White House pushes investors toward government accounts)

[Moonglow]

Never, never trust the federal government...

They are easy to scam..

 

[bripat9643]

I have had this feeling for some time now.
But I think the Dems will nationalize our private accounts.
They will get someone like a Bernie Sanders in power and our retirement accounts will be run by the government.
We will get a monthly check that they feel will be enough for us to live on.
The day will come....

There is just way too much money that's invested in IRA and 401k plans and the government....The Libs
are dying to get their hands on it.

When growth crawls to a halt because government is pouring all that money down the welfare sewer that was formerly invested, they will wail against the 1% and blame greedy capitalists.

 

[bripat9643]

Another rubber room thread for paranoid knee-jerk reactionary Obama bashers. You know damn well nobody is coming for your IRA's.

How would anyone know that? Obama just announced he has designs on it, and Dims have been lusting after it for decades.

 

[Rozman]

I bet Bernie Sanders has a few opinions on this subject....
How much would he take from our investment accounts to offer to
blacks as reparations for slavery....
After all we didn't earn what we have invested.
It was a direct result of white privilege.

 

[Clementine]

Another rubber room thread for paranoid knee-jerk reactionary Obama bashers. You know damn well nobody is coming for your IRA's.

Well, Obama is talking about it. He has his pen and phone, so anything is possible.

 

[Luddly Neddite]

IRAs and 401ks are not the deal they tell you they are

In all honesty you'd be better off saving after taxes in a portfolio than in an IRA or 401k

Here's why

You get charged regular income tax on every cent in your retirement account rather than the lower capital gains rate on the growth and the growth always is far more than contributions

The government then tells you when and how much money you have to withdraw so as to maximize their income tax collections from you in retirement

So pay your taxes up front and then save in a private portfolio.

You will pay less tax on the gains and you will be able to decide when and how much to withdraw

Just keep the government out of what is none of there business...

Yeah, like who you choose to love and marry and whether you choose to reproduce.

Right?

 

[Luddly Neddite]

Another rubber room thread for paranoid knee-jerk reactionary Obama bashers. You know damn well nobody is coming for your IRA's.

Well, Obama is talking about it. He has his pen and phone, so anything is possible.

Don't be ridiculous.

Obama has not done even one of the lies the right tells. Instead, he has created jobs and made the US the strongest economy on the planet.

As opposed to, for example the Do Nothing Repubs or your hero Pooting.

What's with you RWNJ traitors that you ignore facts in favor of really idiotic lies?