Should the Government Get Rid of the Roth IRA?

Should the federal government get rid of the the Roth IRA? In a recent article on Market Watch, the founder of Boston College's Center for Retirement Research, Alicia Munnell thinks we should think seriously about getting rid of the Roth 401k and the Roth IRA. According to her, Roth IRA's can be hijacked by Congress to pay for expensive partisan legislation. There are other reasons as well. Is she correct? ✅ Learn More: ➡️ FREE Video Series: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco Instagram: @davidcmcknight...(read more)

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The Roth IRA is a popular retirement account that has become increasingly popular in recent years. It allows individuals to save money on a tax-deferred basis, meaning they do not have to pay taxes on the money they contribute or any earnings that the account accumulates. This makes the Roth IRA a great tool for retirement savings, but some people are questioning whether it should be eliminated. The main argument against the Roth IRA is that it allows high-income earners to avoid paying taxes on their retirement savings. This could lead to an unfair advantage for those with higher incomes, since they can use the tax-free growth to accumulate more wealth than those with lower incomes. Additionally, some argue that the Roth IRA is a form of government subsidy for the wealthy, since they are able to benefit from the tax-free growth without paying taxes on the money they contribute. Proponents of the Roth IRA argue that it encourages people to save for retirement, which is beneficial for the economy as a whole. They also point out that the Roth IRA is a great way for people to save for retirement without having to pay taxes on their contributions or earnings. Additionally, the Roth IRA allows people to withdraw their money tax-free in retirement, which can be a great benefit for those who need to access their savings during retirement. Ultimately, whether or not the government should get rid of the Roth IRA is up for debate. It is a popular retirement savings tool, but it does have its drawbacks. It is important to consider both sides of the argument before making a decision. https://inflationprotection.org/should-the-government-get-rid-of-the-roth-ira/?feed_id=74719&_unique_id=63fec93a55963 #Inflation #Retirement #GoldIRA #Wealth #Investing #FinancialPlanning #getridofrothira #retirementplanning #ROTH401k #RothIRA #rothirabenefits #ShouldTheGovernmentGetRidofRothIRA #taxfreeretirement #zeropercenttaxbracket #VanguardIRA #FinancialPlanning #getridofrothira #retirementplanning #ROTH401k #RothIRA #rothirabenefits #ShouldTheGovernmentGetRidofRothIRA #taxfreeretirement #zeropercenttaxbracket

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

Birch Gold Group Review 2023 – Best Gold IRA Company? Pros and Cons

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. See chapters in the description. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Chapters: 0:00 - Intro 0:26 - Is Gold a Good Investment? 1:03 - What is Birch Gold Group? 1:37 - IRA Eligible Coins 1:59 - Is Birch Gold Group a Legitimate Company? 2:50 - How Does Birch Gold Group Work? 3:34 - Birch Gold Group’s Fees and Investment Options 4:02 - Birch Gold Group Low Minimum Investment 4:29 - Birch Gold Group Storage and Security 5:34 - Con #1 – No Overseas Storage Options 5:49 - Con #2 – Initial Setup Fees 6:02 - Birch Gold Group Review Summary Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a

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