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2005-08-18 Europe

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Posted by Anonymoose 2005-08-18 00:16|| || Front Page|| [2 views since 2007-05-07] Top

#1 Are these like IRA's or deferred compensation plans that we have here in the US? (As in may or may not be tax deductible, money grows tax free, age limit to when you can withdraw the $?) Or is it organized differently?

I work for a pension fund and even though we tell participants from the start that they need to have additional savings, most of them ignore us. (Or they try to pull the money out to pay power bills, moving expenses, or even rent.)

Posted by Desert Blondie 2005-08-18 10:32|| http://azjetsetchick.blogspot.com]">[http://azjetsetchick.blogspot.com] 2005-08-18 10:32|| Front Page Top

#2 That's one thing I can't stand the site off. A country that is full of "closet capitalists."

Yes, I know that Ger. is a ~~not for long~~ capitalist nation so, save your rant TGA.

DB,

I love IRA but the problem is that the IRA has too many restrictions to qualify. You have to be at a certain income level and you can't dump as much as you want, into the IRA money bag. Congress needs to get rid of the restrictions on IRA.

Posted by Poison Reverse 2005-08-18 18:31|| 2005-08-18 18:31|| Front Page Top

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