The sad parts of this: 9 Billion dollars is about what the USG spends in a single day, and when the dollar collapses, 3 million might end up being enough for a Happy Meal...
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The sad parts of this: 9 Billion dollars is about what the USG spends in a single day, and when the dollar collapses, 3 million might end up being enough for a Happy Meal...
So, if you are fiscally responsible and plan for the future, you are penalized? And you wonder why off shore accounts are so popular. [facepalm]
Government steals half my paycheck to pay for things I don't want nor support. Now they are telling me they will limit how much I can save for retirement? And what level of retirement comfort I can have?
When do we start prosecuting these a$$clowns for corruption? I see no where in the constitution where they have the authority to regulate how much I save for my retirement!
This is the government forgetting who exists for whom.
If IRA money is taxed at the regular rate when it is pulled out, then this is just a move to have this money taxed now, instead of later. They'd be better off to leave it the way it is now.
ANOTHER hit on middle class.
If I had any $$ in a retirement I would probably take it out and buy gold and silver
Well, can you have 3 million in an IRA and still be considered middle class? Maybe you can.Quote:
Originally Posted by MrPrena
You can buy a precious metal ETF inside the Traditional/ROTH IRA.
It is same as having an money market, except it is under the retirement mm vehicle.
Right, just like buyimg a rental with your own IRA money.
When will the people say enough is enough and act?