Can banks seize your money if economy fails
Former Head of the U.S. Fed Reveals Washington's Nasty Trick to Confiscate Your Savings...
Can banks seize your money if economy fails? Here's How Americans are Resisting.
In October, U.S. government debt surpassed a record $31 TRILLION.
It took over 200 years to rack up the first $1 trillion in debt. But today, the debt is soaring. In fact, Washington racked up the last $1 trillion of debt in 8 months.
Deficit spending is now parabolic, and with each passing day, it's destroying the savings of the American public.
Former head of the U.S. Fed, Alan Greenspan, put it simply: "Deficit spending is simply a scheme for the confiscation of wealth."
That quote is from 1966. But today, it still holds just as true.
Are your savings protected from this confiscation of wealth? Do you even know how to prepare?
If you have an IRA or 401(k), here's one way to prepare
(before it's too late)...
Have you heard about Section 408(m)(3)? It's a little-known cousin of Section 401(k) of IRS code that unlocks investments for your retirement that can protect against this confiscation.
Here are three things these assets can do for your IRA or 401(k):
#1: Safeguard from any default that may occur due to the U.S. debt
#2: Protect from crashing stocks
#3: Ensure that they will ALWAYS have value
PLUS, your retirement account can maintain the same tax benefits of any other tax-advantaged retirement plan.
Is gold a good retirement investment?
Absolutely. In fact, it’s one of the best retirement investments you can make to withstand economic turmoil, inflation, and catastrophic world events. Further, the United States Securities and Exchange Commission advises diversified retirement investments as being a safe way to manage financial risks and attain financial security after retirement.
Are Gold Investments Safe?
During times of political instability, recessions, and economic uncertainty, investors, entrepreneurs, retirees and business owners have all turned to investments into gold as a safe option. It can be used to hedge against currency devaluation or inflation.
While you still can: Get a FREE Info Kit how to unlock this IRS "Cheat Code" for your IRA or 401(k).
This free 20-page "insider's" kit will reveal precisely how this IRS Tax Law works, and how you can start moving your Individual Retirement Account or 401(k) as soon as today... without paying any taxes on the transfer. It's all explained in this free info kit.
Be aware, there may not be much time left to make this critical switch. As financial chaos from the coronavirus pandemic and the war in Europe spreads throughout the entire system, we may see even more devastating losses.
Frequently Asked Questions...
Can the bank take your money during a recession?
Generally, money in the bank is safe—even in a recession or other tough economic times. However, depending on several factors, including your balance and the type of account, your money might not be completely protected.
Can the bank seize your money during a financial emergency?
What happens to my money in the bank if economy crashes?
Your money will not be lost. It is usually transferred to another bank with FDIC insurance, or you'll receive a check. Savings accounts, checking accounts, money market accounts, and CDs are examples of federally insured bank account.
Read our full Birch Gold Review here