Sep 11
25
Do you feel you are throwing away your money into your private retirement accounts that are losing money every year? Do you want to know what the government plans are for these retirement plans that the government is not telling you about in the news? Would you like to know how to manage your own money so you don’t have to place it in a private retirement account and hope that you don’t lose more?
The largest source of liquid private wealth remaining in the United States is the $15 Trillion in private retirement funds (401K, 403B, IRAs). Under your nose, the government and desperate politicians are planning to gain control over Americans’ retirements.
Under Obama and the Federal Reserve, the United States has hit all time highs for national debt and government spending. The first thing the government and Federal Reserve has done to cover huge government spending and debt crisis issues is to print money like there is not tomorrow with the QE1 and QE2 bail out programs that failed miserably. The second thing they have tried is to have the Federal Reserve buy back more United States debt than even foreign countries own, to artificially raise the value of the stock market, economic conditions and the U.S. fiat currency, the dollar.
All that the government has done thus far is to take away wealth from the citizens of the United States. As the value of the dollar drops, so does the wealth of the citizens. Also, as the value of the dollar drops, so does the buying power of the dollar and the cost of everything goes up.
One of the next plans that our great U.S. government,who is supposed to be here to protect and serve the citizens of the United States, is working on behind the scenes is to create a Guaranteed Retirement Account to replace the current IRA, 403B and 401K accounts. The government is planning on taking the benefits, such as tax deferred investing, and company matching, in these private retirement accounts out of the picture. In doing so, they are going to release a new plan called the Guaranteed Retirement Account that will be controlled by the manipulative government themselves!
This Guaranteed Retirement Account will benefit the government in more ways than one. When you die, the government automatically will receive 50% of the value of YOUR retirement account, not your heirs. They will also decide on where to invest YOUR money. Also, they will insist that every worker automatically contribute 5% of their pay into this retirement account the government controls. At the same time, they will put a $5,000 cap on contributions that you can make yourself to other private retirement accounts.
Research more on this great Guaranteed Retirement Plan. It DOES NOT matter whether you are a fan of the Democratic or Republican or Libertarian party, you will be effected by what the government does, even if you don not contribute to a retirement plan! Research more on this and start making sure you discover more ways to protect your assets during this economic crisis and out of control government debt and spending crisis that have been created.
Sign up for FREE updates from the CrashProof Prosperity Newsletter and discover real experts with real investment knowledge and proven methods of protecting your assets and using wealth creation strategies that the government has NO control over. Sign up at Map Your Life TODAY and gain critical knowledge on how to protect your own personal and financial future because nobody cares as much about you or your family or your future as much as you do! Read more articles on Financial Freedom Online Basic Financial Knowledge to gain more insight on what you will not find on TV, or read in the newspapers, that will directly effect your personal and financial future.
Pingback: The Reason Your 401K is Failing | Discover How To Achieve Financial Freedom Online!