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Tag Archives: IRA
Fidelity now allows clients to put bitcoins in IRAs
Fidelity has partnered with SecondMarket’s Bitcoin Investment Trust to allow its clients to save for their retirement by putting the virtual currency in self-directed IRAs. “If you are a Fidelity client, you can now invest in the Bitcoin Investment Trust … Continue reading
401K & IRA CONFISCATION GETTING CLOSER
Don’t say I didn’t warn you about your 401k’s and IRA’s. Orrin “Magic Underwear” Hatch has introduced legislation to “create a new public retirement plan in which insurance companies pay benefits through annuity contracts”. Now it’s the Government’s turn to takeover … Continue reading
Posted in Editorial, Financial
Tagged 401K, Confiscation, IRA
Comments Off on 401K & IRA CONFISCATION GETTING CLOSER
Obama Begins Push For New National Retirement System
It may be time to take the tax hit and withdraw funds from private retirement accounts before they are forced into long term T-bonds. The Obama administration is reportedly quickly moving on plans to nationalize private 401k and IRA retirement … Continue reading
Obama to propose limits on IRAs for the rich
President Obama on Wednesday is expected to announce a plan that would prohibit individuals from reaping tax advantages on IRAs and other tax-preferred retirement accounts when the funds exceed $3 million. By proposing the cap as part of its budget, … Continue reading
Obama Proposes Retirement Account Limit In First “Wealth Tax” Salvo
The witch-hunt against the “rich” (as defined by a random group of people) through the establishment of creeping global capital controls continues. First, it was Europe deciding that €100,000 in savings is the “fair” threshold on savings above which any … Continue reading
Posted in Editorial, Financial
Tagged Confiscation, IRA, Obama, Retirement
Comments Off on Obama Proposes Retirement Account Limit In First “Wealth Tax” Salvo
OBAMA BEGINS PUSH TO CONFISCATE IRA’S & 401K’S
It may be time to take the tax hit and withdraw funds from private retirement accounts before they are forced into long term T-bonds. The Obama administration is reportedly quickly moving on plans to nationalize private 401k and IRA retirement … Continue reading
How the US government will seize your retirement account
Here’s how it will go down: First, there will be some event… some sort of financial cataclysm, similar to the market meltdown we saw in 2008 after Lehman. Bear in mind that most IRAs are managed by boneheads at big financial … Continue reading
Posted in Editorial, Financial
Tagged IRA, NC Renegade, Retirement account, Seize, Simon Black
Comments Off on How the US government will seize your retirement account
Portugal Confiscates Private Pension Funds – Can It Happen in the United States?
Portugal has confiscated $7.5 billion of private pension funds (November 2, 2011) as a last ditch effort to meet deficit targets. This is the European model for introducing “austerity” programs: steal the wealth from the producers. This is not the … Continue reading
Posted in Editorial, Financial
Tagged Boortz, Government Annuities, IRA, NC Renegade, Pension
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