Just pointing out facts. You are also forgetting that money withdrawn from an IRA or 401k (except…Read More Roth IRAs) are taxed at withdrawal.
I prefer my government not punish good financial actions. Sorry it's a quirk of mine, I think we should reward those who make good decisions, not punish them.
I agree with you Interested Bystander. Problem is that if you punish the ones making the bad…Read More decisions, the Federal government will be punished all the time. In the current climate, poor decision making gets rewarded by voters. The middle class doesn't have a chance.
Naziti and Caroline Johnson so sorry to take so long to get back to you from your comments on…Read More Sunday, May 5th, I didn't think I would have to respond.
I re-posted Ken's comment because the REAL issue is "AARP selling out it's faithful supporters for BIG MONEY. So let me break it down so even the Soros trolls understand.
ObamaCare guts SS and medicare reserve money by 750 Billion. Which ends these programs as we know them.
AARP publicly backs ObamaCare. Seniors confused about OCare but trust AARP and their massive ad campaign for OCare.
AARP contributes to re-election
AARP becomes insurance provided for OCare. Unleashes host of insurance options that Seniors will be needing to make decisions about in next 2-3 years.
Complicate the choices for Seniors so they fall back on who they have trusted in the past. Still unaware of the great deception perpetrated by AARP.
OCARE fully enacted 2014.
AARP gets steady $$$ insurance income now (not $16 membership fees for whoever posted that line above).
SS and MediCare bankrupt (3/4 trillion $ stolen to fund OCare)
Result for SENIORS.
NO SS or MEDicare it's dissolved or becomes something less.
Free OCare that sucks.
Pay AARP for supplemental Ins.
Prescriptions too expensive to purchase so go without or pay AARP for better plan.
AARP richer and more powerful represents Gvmt
Seniors - Self rule lost
You see they screwed the very people that paid dues for their protection!