Trial Balloons Float for COnfiscating Roth IRAs

[Kirk Freeman]

I knew in 1997 that the looters that staff our government would soon realize that Roth IRAs were great for the taxpayer and bad for the government.

It appears that the "activists" on the Left have realized just how much we can keep tax free from the government and want them confiscated.

BTW, I don't know about anyone else but this is my redline. I spent too much time and effort to stand silently for this:

How Safe Is Your Roth IRA? - Megan McArdle - Business - The Atlantic

Just wait until they realize how vehicles such as SEPs are screwing the government out of their "rightful share".

 

[dross]

I knew in 1997 that the looters that staff our government would soon realize that Roth IRAs were great for the taxpayer and bad for the government.

It appears that the "activists" on the Left have realized just how much we can keep tax free from the government and want them confiscated.

BTW, I don't know about anyone else but this is my redline. I spent too much time and effort to stand silently for this:

How Safe Is Your Roth IRA? - Megan McArdle - Business - The Atlantic

Just wait until they realize how vehicles such as SEPs are screwing the government out of their "rightful share".

Don't worry. I'm sure the confiscation will be "need-based."

 

[rockhopper46038]

Zombies, Government thugs, same difference, same result.

 

[tskin]

Great, now I'm going to go to bed pissed off.........

 

[longbow]

no they won't.....

 

[jeremy]

Sigh...

 

[yepthatsme]

Honestly guys, the government needs our help. The don't have enough of our hard earned dollars. We should give till it hurts and enjoy it.

 

[miguel]

Didn't this happen in Argentina a couple of years ago?

Argentina Makes Grab for Pensions Amid Crisis - WSJ.com

 

[Kirk Freeman]

Yes, it has happened in many countries.

 

[Garb]

And just when I was thinking about starting a Roth too... Now I'm having second thoughts... Stupid government thugs...

 

[dom1104]

Retirement. Ah, sweet retirement.

Oh, you mean.... my 401k, Roth IRA, and pension will still be there AFTER the roving zombie hordes, financial crash, and the return of the 185th Maadi to kill all the good christian white people?

 

[jedi]

You want to hold on to your wealth? Then you need to read this:
http://www.biorationalinstitute.com/zcontent/alpha_strategy.pdf

& forget about the "paper based" money system which has always fallen apart in mankind's history.