After hearing this news last night (about this myra crap); I am concerned that this is the camel’s nose under the tent (again). The bastards just took over our healthcare system (1/6th of our economy) without firing a shot. How long will it take them to convince the drooling masses (drooling from stupidity) that they need to convert all 401k’s to myRA? They had to vote on something before so we could know what was in it. This whole thing to me seems like the pre-cursor to raiding our 401k’s. Once they do that, the borrowing can REALLY start again at ridiculous speed and that pesky 17Trillion won’t matter much, the lender countries now have direct access to our individual wealth via Uncle Sam.
Yep.
Anyone who puts their money into a scheme that, at its core, relies on the “promise” by a Government that they will honor their word - 20 years down the line - is a sucker.
Roth’s and 401k’s aren’t listed in the Bill of Rights or outlined as a Right in our Constitution.
They giveth - and they most certainly WILL taketh.
Your only hope is to die first.