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Started By
Message
re: MyRA - Government Backed Retirement Savings Program
Posted on 1/29/14 at 8:21 pm to NC_Tigah
Posted on 1/29/14 at 8:21 pm to NC_Tigah
quote:
Obama wants to limit the tax benefits to those top earners to 28 percent of what they set aside. And he's proposing a cap on tax preferred savings accounts of $3.2 million, which the White House thinks is all anyone needs "to fund a reasonable pension in retirement."
I'm much more interested in this.
Really, Frick this guy!!!
1
Posted on 1/29/14 at 10:40 pm to LSURussian
quote:
This will be a hard sell to most investors.
True. But "investors" is not an apt description of your typical 401-K holder.
Posted on 1/29/14 at 11:15 pm to Oenophile Brah
Who on this board has a 401k with $3.2 mill?
Posted on 1/29/14 at 11:35 pm to matthew25
quote:
Who on this board has a 401k with $3.2 mill?
Certainly not me.
But, does this kind of talk not bother you?
quote:
which the White House thinks is all anyone needs "to fund a reasonable pension in retirement."
If I had even a shred of hope the government would spend the money wisely, I could possibly agree to capping tax advantages. Experience tells me the money will be spent by the same fools running the government instead of being invested in companys.
You tell me why I'm suppose to be excited.
Posted on 1/29/14 at 11:40 pm to OnTheBrink
quote:
Retirement Savings Program
quote:
Government Backed Retirement Savings Program
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