Talk of The Villages Florida - View Single Post - Say Good-Bye to 401K and IRA
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Old 03-19-2024, 02:01 PM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by kkingston57 View Post
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,
They can spend it by getting their hands on it earlier. Not saying they will be reduce the age for RMD or amount you can put in 401 or IRA.

The current deficits we are running on not sustainable.