ST Alpha - "it's a mechanism to encourage people to be able to save for their own retirement, and thus be less of a burden on the government or corporate pensions -- nm" (Reading a Post)

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In response to "It does seem like a vehicle to allow ordinary Americans put away their cash and enact such early withdrawl penalties so as to make any application of " by Loyola

it's a mechanism to encourage people to be able to save for their own retirement, and thus be less of a burden on the government or corporate pensions -- nm

Posted by znufrii Nov 13 '08, 09:57

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Just to promote critical thinking, do you think the US government created this scheme out of concern for your financial well being when you reach - Loyola Nov 13, 09:59 1
- why do you think it's a scheme? (i know here, in Canada, anything i contribute to my RSP (same sort of thing) i don't pay tax on in that year. - Andie - 41 shopping days till X-mas Nov 13, 10:01

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