If you follow the financial news as we do, you will notice some alarming discussions reported over the last few years that has gone from rumors to Federal policy . Under this “new” program patriotically named “Retirement USA”, the government could then demand that part of your retirement contributions go into a government-created annuity funded by purchasing Treasury debt.
Sixty to seventy percent of Americans have a 401k. The government is looking at targeting 401ks because there is close to 16 trillion dollars invested and they fall under ERISA guidelines which handcuffs the employee. The employee can’t move their money out unless they retire, change jobs, divorce or becomes totally disabled. Therefore those with a 401k are stuck and the government knows this.
Our attorneys have found an IRS provision that oversteps the ERISA guidelines that allows people to move out their 401k funds without taxes or the 10 percent penalty and still receive their employer match.
Do you really want to bet your retirement fund on the hope that something like this can’t happen in America? Read the following pages for compelling arguments on why you should diversify.
Our firm offers modern options that give you total control of your investments. We offer Self-Directed IRA’s. A Self-Directed IRA allows you to expand your investment options beyond mutual funds, stocks and bonds providing a better opportunity to diversify your retirement portfolio. The term “self-directed” simply means that you, as the individual account owner, have complete control over selecting and directing your own individual retirement investments.