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

Friday, November 13, 2015
By Paul Martin

by Tyler Durden

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.

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