It’s Official: Barack Obama Wants To “Help” You Manage Your Retirement Savings…(Unbelievable!!)

by Tyler Durden
ZeroHedge.com
11/13/2015

The Obama administration officially rolled out its MyRA program. MyRA is a special form of IRA that ‘helps’ Americans save for retirement by making it easy for you to loan your money to the federal government. Despite misleading promises that these MyRA accounts are for “people who aren’t saving and who have a fear of losing their principal,” the big catch here is that there’s only one investment: US government bonds… So with these MyRA accounts, when adjusted for inflation, you’re guaranteed to lose money.

The Rest…HERE

This entry was posted on Friday, November 13th, 2015 at 6:00 pm and is filed under Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.