Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Steve Schulin
There is only one investment option, a Treasury savings bond

Sounds like an effective takeover of retirement accounts (for those who choose to take this option) to me...
No thanks.

2 posted on 11/17/2015 9:08:59 AM PST by grobdriver (Where is Wilson Blair when you need him?)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: grobdriver

That’s exactly what it is. I’m now getting nearly daily emails from SS and each one is their way of becoming intrusive by gathering more information.


3 posted on 11/17/2015 9:11:20 AM PST by sarasota
[ Post Reply | Private Reply | To 2 | View Replies ]

To: grobdriver
There is only one investment option, a Treasury savings bond

That's almost unbelievable, but I checked, and so it is. And they noted that the bond has "a variable interest rate that has averaged 3.19 percent over the past 10 years."

Over the past 10 years...but not now. I'd be surprised if that bond ever breaks 3% again.

4 posted on 11/17/2015 9:17:42 AM PST by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: grobdriver

Yes, it does. It gives the government complete control of those funds.


9 posted on 11/17/2015 10:28:20 AM PST by Abby4116
[ Post Reply | Private Reply | To 2 | View Replies ]

To: grobdriver

bkmk


18 posted on 11/20/2015 9:12:51 PM PST by AllAmericanGirl44
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson