All they have to to to take all they want is change the tax laws and tax rates. The money is not yours, it is held in limbo. If they decide they want it in a "communal account" rather than a private account, they will "let" you cash out at any time, at a very increased tax rate from what you...
With the huge deficits these days, you do not stand a chance of keeping that money from the government. The account will be nationalized and rolled into a quasi SS type account.
Sorry, but it will happen. The country is beyond broke.
Governments have come and gone over thousands of years. Ours is about done as well.
Gold has been the store of wealth through all of that. It is not going to change.
Taxes are not applicable unless you make enough money. I pay no taxes. Cash out is not a problem either, with low rates, it is just a few dollars.
Where else can you park some money and make anything?
Make use of the Move o n when ready program. Graduate HS with an Associate degree for free.
2 years of free college cuts your college bill......in half!
It has been a couple of years since I looked, they are 20% or less of what they were then. (less than 1/5)
Was doing taxes and it is time to move IRA to other investments. CDs are NOT a good investment now.