August 2022
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August 8, 2022

Financials Matter

"It's Not Just About Finance"

Bye Bye Pension, Pt. 2

James here again, and I can’t believe what I just read.

Check this out.

Since 2008 our politicians have quietly passed creepy new laws to make it easy for them to steal your retirement accounts.

Question:  Why?

Answer:  Our government is broke and desperate.

Picture a hungry lion eyeballing your IRA/401k like it’s a raw steak.

That’s what we’re up against.

FACT:  In 2015 the Supreme Court ruled* that employers have a duty to protect workers in their 401(k) plans from mutual funds that perform poorly or are too expensive.

Sounds pretty innocent, right?

You know, protect the little guy from greedy Wall Street bankers.

Well, the reality is, employers and employees will suffer more than the bankers.

Ex:  If the market drops and mutual funds “perform poorly,” the government can blame the employer for choosing a bad fund manager.  This allows our “protectors” in D.C. to prosecute the employer and seize control of their retirement accounts.

NO EMPLOYER will be able to escape this.

Let that sink in for a moment.

So, then what happens?

FIND OUT HERE (LINK)

This email is the reader’s digest version.  The big picture is way more involved and threatening.

What’s the best way protect yourself?

Every month we offer very simple solutions in our “Simplifying Wall Street in Plain English newsletter.  (but you must be a member to get all the goodies)

Don’t wait!  Check it out now.   (HERE)

You’ll thank me later.

P.S.  Remember, the laws are already in place.  It’s only a matter of time before our government “flips the switch.”  By then it will be too late.

Don’t kiss your pension goodbye…Act now.

 

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