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New House bill may change how you plan for retirement
MSN 'News' ^
| June 14, 2019
| ABC 'News' Staff
Posted on 06/14/2019 6:28:50 AM PDT by Diana in Wisconsin
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Well, we KNEW that the Dems were gunning for us. Be vigilant and liquidate, hide, bury your assets when you can! ;)
Beau inherited some $ from his Mom (split 5 ways with his siblings; not much) when she passed. I guess letting that GROW until he needs it later in life may not be an option any longer if this bill isn't killed.
Do any FReepers HAVE Annuities? Experiences?
To: Diana in Wisconsin
Might be better to invest in brass, lead, copper, and gunpowder.
2
posted on
06/14/2019 6:31:24 AM PDT
by
fruser1
To: Diana in Wisconsin
Got to “Setting Every Community Up for Retirement Enhancement (SECURE)”
I already don’t like it.
3
posted on
06/14/2019 6:31:45 AM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion or satire. Or both.)
To: fruser1
Warm socks and sturdy boots. Can opener. Canned goods. ;)
4
posted on
06/14/2019 6:32:11 AM PDT
by
Diana in Wisconsin
(We come from the earth, we return to the earth, and in between we garden.~Alfred Austin)
To: Diana in Wisconsin
So it’s another Death Tax, then.
5
posted on
06/14/2019 6:32:21 AM PDT
by
alancarp
(George Orwell was an optimist.)
To: Diana in Wisconsin
Has to be passed by the Senate and signed by the president.
Highly unlikely.
To: BenLurkin
With the ‘Rats it’s ALWAYS a ‘set up’ toward lining their own pockets. :(
7
posted on
06/14/2019 6:33:22 AM PDT
by
Diana in Wisconsin
(We come from the earth, we return to the earth, and in between we garden.~Alfred Austin)
To: Diana in Wisconsin
Hurray! The government is going to SECURE our future.
Our future will be as SECURE as our health care is affordable. Great and glorious government can do no wrong.
To: july4thfreedomfoundation
I agree, but we still need to keep our eye on these thieves!
9
posted on
06/14/2019 6:34:31 AM PDT
by
Diana in Wisconsin
(We come from the earth, we return to the earth, and in between we garden.~Alfred Austin)
To: Diana in Wisconsin
... raises the age for required minimum distributions (RMDs) from retirement accounts to 72 from 70.5, ... The writer doesn't know English.......or math........
10
posted on
06/14/2019 6:35:59 AM PDT
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
To: BenLurkin
Got to “the House of Representatives”.
I already don’t like it.
11
posted on
06/14/2019 6:36:08 AM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: Diana in Wisconsin
I don’t trust the government. This is why my retirement is based on owning real estate free and clear, owning the “stuff” I need free and clear (zero debt) and Precious metals - that I physically possess. And Social Security and a couple of small pensions (only gets me a few hundred a month).
And the real estate is in a state with virtually non-existent property tax ($250 a year on 32 acres and a home), but high tax on income (which I won’t have) and no tax on Social Security benefits.
The only rules they can really change that would have much effect on me are SS rules. and those are pretty difficult for them to change.
To: Diana in Wisconsin
Corporate greed pales in comparison to government greed.
13
posted on
06/14/2019 6:36:48 AM PDT
by
Lurkina.n.Learnin
(If you want a definition of "bullying" just watch the Democrats in the Senate)
To: BenLurkin
Exactly right. The evil in a Congressional act is directly proportional to the cuteness of the name. That is a truism you can take to the bank.
How many interns do they have assigned to The Nonpartisan Committee for Concocting Cute Act Names?
To: Diana in Wisconsin
These Rats need to leave my retirement funds alone.
15
posted on
06/14/2019 6:37:52 AM PDT
by
puppypusher
( The world is going to the dogs.)
To: Diana in Wisconsin
Disregard previous post.....just woke up.................
16
posted on
06/14/2019 6:37:53 AM PDT
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
To: july4thfreedomfoundation
The first part about extending the RMD from 70.5 to 72 was actually suggested by President Trump a few months ago...
17
posted on
06/14/2019 6:38:03 AM PDT
by
JBW1949
To: Diana in Wisconsin
What: SECURE us?? ... AGAIN?
18
posted on
06/14/2019 6:38:15 AM PDT
by
SMARTY
("Nobility is defined by the demands it makes on us - by obligations, not by rights".)
To: Red Badger
Read it again.
“Raises the age
to 72 from 70.5”
19
posted on
06/14/2019 6:38:24 AM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: NorthMountain
I know.
I just woke up......................but not completely...............
20
posted on
06/14/2019 6:39:55 AM PDT
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
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