Analysis of myRA Proposal - Galt's Gulch

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Analysis of myRA Proposal

Posted by fivedollargold 10 years, 11 months ago to Legislation

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First analysis I've seen thus far.

SOURCE URL: http://www.marketwatch.com/story/a6afc25e-eb22-457d-84a5-5dedccea80bc/stitch?storyguid=af9013a2-8a95-11e3-9b39-00212803fad6&siteid=nwhpf

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Posted by mminnick 10 years, 11 months ago

This is the only analysis I've seen. Also I haven't heard much from the Talking Heads about the plan either. I'll be interested to see if it catches on among the MSM and the MSNBC group of toadies.

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Posted by LionelHutz 10 years, 10 months ago

Here's another one:
http://www.safehaven.com/article/32594/w...

What I foresee happening: FORCED participation in a retirement program like this. Why not, when they force you into Social Security and now Health Insurance? It's just another racket to skim some of your money.

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  Posted by straightlinelogic 10 years, 10 months ago
  
  I think you hit the nail on the head. Or as fivedollargold says, it may be even worse.
  
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  Posted by fivedollargold 10 years, 10 months ago
  
  Worse. The government may start taxing retirement accounts BEFORE you withdraw it, the so-called "wealth tax" that Hillary Clinton briefly advocated in her 2008 campaign before she got shushed.
  
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