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avaistheone1

(14,626 posts)
Tue Jan 7, 2014, 05:08 PM Jan 2014

4 ways Americans are being cheated out of their retirement funds

The fear of running out of money in retirement is America’s greatest financial concern. It’s a fear greater than death.

But the American workers who have paid all their lives for retirement security are being cheated by wealthy individuals and corporations who refuse to meet their tax obligations, and who have found other ways to keep expanding their wealth at the expense of the middle class.

1. Federal Tax Avoidance is the Biggest Threat to Social Security...

2. State Tax Avoidance Defunds Pensions...

3. Corporations Play One Underfunded State Against Another...

4. Banks Take a Big Chunk of Our Retirement Accounts...


MORE -
http://www.salon.com/2014/01/07/4_ways_americans_are_being_cheated_out_of_their_retirement_funds_partner/

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