ICYMI: Free Market & Conservative Groups Urge Republican Leadership to Oppose the Biden-Democrat IRA Plan

Earlier this week, 10 Free Market & Conservative organizations joined the Taxpayers Protection Alliance in an open letter to Republican Leadership urging them to oppose the Democrats’ Tax and Raid of Americans’ retirement savings. The letter reads in part, “If passed, Biden’s IRA changes would ban many after-tax contributions from being converted to a Roth…

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Pelosi’s Big Thanksgiving Turkey for Retirees and Investors: I’m Taking Your IRA

Last week, House Democrats decided that investors, Millennial savers, entrepreneurs, and retirees were going to get a special Thanksgiving turkey this year: a special tax and raid on your IRA to pay for their massive social spending plan. The result: Americans’ retirement savings will now be in jeopardy and a higher tax bill – giving…

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House Democrats Revive “Tax and Raid” Assault on Your IRA

After weeks of infighting between moderate and progressive Democrats – and in the aftermath of Democrats’ stunning defeat in Virginia – it appears that President Joe Biden and House Speaker Nancy Pelosi (D-Calif.) are doubling down in their promise to raid Americans’ IRAs to fund their multi-trillion dollar dumpster-fire of a social spending bill. The…

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ICYMI: Biden-Democrat Plan Places Retirement Savings at a Crossroads

Writing in Seeking Alpha, Hank Torbert, a business operator and investor, highlights the long-term consequences to middle income Americans, retirees, and investors if the Biden-Democrat plan to upend IRAs and Roth IRAs is passed to pay for the massive social spending bill. Torbert explains “these ‘middle of the game changes’ to our retirement savings system…

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ICYMI: Attack on Roth IRAs is an Attack on Careful Savers

This week, Daniel Savickas, of the Taxpayers Protection Alliance, wrote an editorial in RealClear Policy pointing out how President Biden and Congressional Democrats’ proposed IRA changes would seriously harm average, middle-income retirement savers. In an attempt to help fund the Democrats’ massive $3.5 trillion social realignment package, Representative Richard Neal (D-Mass.) and Senator Ron Wyden…

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Cagle: Don’t Let Biden Try To Balance The Budget On The Backs Of Retirees

By: Peter Roff President Joe Biden’s plan to build America back better is much more costly than most everyone anticipated. The budget reconciliation bill currently stuck in the House is perhaps the most expensive single piece of legislation in history. Even a few members of his own party are uncomfortable voting for it. According to…

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RealClear Policy: Attack on Roth IRAs Is an Attack on Careful Savers

By: Daniel Savickas Americans are retiring later than they ever have. According to the most recent data, more than 20% of Americans over 65 years old are working or actively looking for work. This is nearly double the rate in 1985. Further, that same data shows that Americans – on average – are retiring three…

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The Assault on Your IRA Brought to You by Joe Biden and Congressional Democrats

Earlier this week, former Senator Max Baucus (D-Mont.) penned an op-ed in USA Today assailing a partisan plan by Joe Biden and Congressional Democrats that would fundamentally harm the IRAs of literally millions of Americans. Baucus wrote, “Taxpayers must be able to trust that Congress will honor its promises, especially for those saving for retirement.”…

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