Talk of The Villages Florida - View Single Post - Say Good-Bye to 401K and IRA
View Single Post
 
Old 03-19-2024, 10:39 AM
kkingston57 kkingston57 is offline
Soaring Eagle member
Join Date: Mar 2020
Posts: 2,121
Thanks: 62
Thanked 930 Times in 540 Posts
Default

Quote:
Originally Posted by Stu from NYC View Post
Saw that this morning. Govt has been casting an eye on those funds for years thinking of ways to spend it.
How can government spend it? They are in private broker, insurance and bank accounts. People need to wise up. These are basically tax deferrals and a lot of the savers are paying more in taxes since they now make more than when they were working,