401k Retirement Plan

“The US Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are spearheading the effort.” They want to “get” people to invest their 401k’s and IRA’s into annuities, or likely into US T-Bonds, which are in the biggest overvalued bubble the world has ever seen. They are doing this because they will have Trillion Dollars in bonds to sell this year, and foreign buying is drying up. China doesn’t want them…. Do you? Who’s behind it? The White House and a powerful network of Congressional activists, and The highly-influential Ford and Rockefeller Foundations. They are engineering a new regulatory and tax-incentive. The purpose is to herd and ultimately force Americans to convert their 40l(k)s and IRAs into government-directed retirement accounts. The 40l(k)/IRA de-privatization plan is the brain-child of Teresa Ghilarducci (Schwartz Center for Economic Policy Analysis — SCEPA), who is funded by the Rockefeller Foundation. The extreme tactics used to ram nationalized health care down the country’s throat are a blueprint for what could be the biggest asset grab in history. This is exactly what took place in Argentina. Yes, Argentina was once a powerful nation; the 3rd wealthiest nation until the 20th …

Related Blogs

Hi. I’m a job hopper; therefore, I don’t put money in any company 401k. However, I do have a Roth IRA account, which I max it every year. Besides Roth IRA, what else I can put my money into? As I have no experience in stocks, I have no plan to put the money in because it’s just blind investing in my opinion. Thanks.

Related Blogs

My folks are planning on to retire in the next 5-10 years (before they are elgible for social), I am looking for someone to be able to sit down with them and tell them what they can get out of their 401K, pensions and etc… before social. Who do I look for? How do I know they are good at their jobs?
Thanks

Related Blogs

This video shows how to manage mutual funds in a 401k plan!

Related Blogs

One a good year I make around 20 thousand.

I have no medical, no 401k, no retirement fund or anything close to a good savings account..

I am 37 and wonder about a retirement fund and how to start one and a good one to start .

I do not want to go into an investors office and have him ’sell’ me something that I do not need and will later regret getting.

What can I do..? What kind of fund should I start.? How much should I be saving a year.? Should I just get a regular saving account.?

Related Blogs

Avoiding hardship withdraw penalties with a 401(k) involves making sure the hardship falls under the IRS guidelines for an emergency financial need, such as funeral expenses, college tuition or to stop the foreclosure or eviction process. Avoid being penalized with a 10 perecnt fee when withdrawing from a 401(k) withtips from an investment professional in this free video on personal finance. Expert: Phillip Beningoso Contact: www.wearehdtv.com Bio: Phillip Beningoso has a bachelor’s of arts degree with a major in finance and a minor in economics and computer sciences from Kent State University. Filmmaker: Christopher Rokosz

Related Blogs

i have a retirement plan from being a city employee, 457 deferred compensation through ING. i have it in part savings and part stock. do i still need a 401k/ roth ira and/or money market to boost up an investment gain?

Related Blogs

solution for the economy is to raise interest rates; not cut them, americans have no savings, how banks work, banking underpinning, rollover movie, 401k pension funds nationalization, social security is a Ponzi scheme, recession depression, recorded on October 25th 2008

Related Blogs

Does anyone know if there are any international retirement funds for people such as dual citizens who travel around the world and work for companies owned by different countries? For example, if I were a dual citizen of the USA and some other country, is there a retirement fund similar to the 401k that I could contribute to while working for a non-US company overseas which would also allow me to contribute to it at a later date while working in the US for a US company?

Related Blogs

Both IRAs have advantages and I know that tax rates are not predictable. I am age 54 and I need to know which one is better over the next 10 years to take me into retirement.

Related Blogs