Apr 12

Then people could use their own money to make ends meet, cover expenses after unemployment runs out or transfer funds from losing mutual funds to pay down high interest credit cards and 2nd mortgages.

They always talk about our money… we’ll it’s mine and I need it NOW!!!

Yes, I know this would be like a run on the bank, but they don’t deserve to be trusted with our savings any more !!!!!!!!!!!!!!!!


5 comments so far...

  • txgirl Said on April 12th, 2010 at 12:30 pm:

    I agree. It is unreal what you pay in fees to get some of your own money out.

  • kiddickalot Said on April 12th, 2010 at 1:17 pm:

    They would never do this. After Social Security runs out that is going to be what they tap next, just wait and see.

    If they let you get to it now they know there won’t be any for them 15 to 20 years from now and trust me they are banking on that money. All of you people who think that money is going to sit untouched are suckers.

  • Rikounet Said on April 12th, 2010 at 1:55 pm:

    Well, Roth IRAs can be withdrawn tax free. I agree that taxes suck, but we cannot just take all roads, wars, airports and all that for granted

  • carmen v Said on April 12th, 2010 at 2:29 pm:

    How did you know my unemployment just ran out?
    If I could get it tax exempt, I would, but what would I have for retirement? Nothing anyway maybe the way it is dropping. I would be better paying off the house and using that for my retirement plan. I don’t think it is ‘savings’ if it is in unmutual funds or any stocks. My international fund is the only one that has not dropped 15 to 20 % since opened past year. That could change too. I want to a less expensive place to live before all retirement funds are gone.

  • Michelle Said on April 19th, 2010 at 3:39 pm:

    I agree. It is unreal what you pay in fees to get some of your own money out.

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