Yearly Archives: 2014

The U.S Treasurys myRA A Killer of Self-Directed IRAs

The U.S Treasury’s myRA: A Killer of Self-Directed IRAs?

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The much-discussed “myRA” retirement plan, established by President Obama last year, has received a new website from the US Treasury. The myRA plan is unquestionably one of the administrative moves that the present administration has taken in recent years that have raised worries from many investors. Why? Many people who(…)

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Reports of Government Waste Multiply with Department of Defense Admissions

Only a few days after several watchdog organizations exposed the U.S. government’s expensive parties, dubious purchases, and bush league accounting techniques, further information has come to light that suggests the problem of government waste may be considerably worse than previously thought. This week, Reuters released an article lambasting Department of(…)

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Breaking Down U.S. Government Waste in 2014

Breaking Down U.S. Government Waste in 2014

As responsible taxpayers, we expect the government to be responsible in the way it uses our hard-earned money. There are various government watchdog organizations whose task it is to bring to the attention of the American public outrageous expenditures on the part of the U.S. federal government, but rather than(…)

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The $18 Trillion U.S. Debt in Perspective

The $18 Trillion U.S. Debt in Perspective

Many Americans who are investors are attempting to comprehend a figure that is nearly beyond comprehension after learning, according to USDebtClock.org, that the federal government of the United States has a national debt that has topped $18 trillion. In a trillion, how many zeros are there? (12) Over how long(…)

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New IRA Transfer Rules for 2015

New IRA Transfer Rules for 2015

The IRS will adopt a new policy regarding the maximum number of tax-free IRA rollovers that may be completed in each 365-day period as of January 1, 2015. The new stance is based on a Tax Court ruling that says an individual can only roll over one IRA every 365(…)

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