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02-15-2017 11:43 AM ronaldo9

sorry i was thinking of Social security... the instituion of your choice would cut you a check like charles schwabb or w/e

02-15-2017 11:42 AM IrocRob

So they don't write you a check.

02-15-2017 11:42 AM ronaldo9

https://scontent.xx.fbcdn.net/v/t31....0d&oe=59410132

02-15-2017 11:42 AM IrocRob

The Gov doesn't run the accounts for you.

02-15-2017 11:41 AM IrocRob

Your money should be in an account that you manage, or that a financial company manages for you. You make the withdrawals based on rules the IRS set up.

02-15-2017 11:40 AM ronaldo9

taxed or untaxed depending on the type of account you set up

02-15-2017 11:40 AM IrocRob

Then you are taxed on withdrawal, presumably at a lower rate, during retirement.

02-15-2017 11:39 AM ronaldo9

the govt writes you a check ?

02-15-2017 11:39 AM IrocRob

The big benefit I think is that you earn compound interest on all the money, for a long time.

02-15-2017 11:39 AM ronaldo9

no it wasnt about the taxes my question was how do you get the money

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