Post by Clayton Walker on Nov 1, 2008 8:52:38 GMT -5
AARP: Mandatory Retirement Account Withdrawals
AARP Urges Treasury to Issue an Immediate, Temporary Freeze on Mandatory Retirement Account Withdrawals
AARP CEO, Bill Novelli, sent a letter to Treasury Secretary Paulson urging him to take immediate action to temporarily freeze mandatory retirement account withdrawals.
Currently, Americans aged 70 ½ and over are required to take distributions from their retirement accounts based on the fair market value of their account on the last day of the previous year. Given the overall decline in the stock market, this could force older Americans to make a choice between taking a withdrawal that was calculated based on much higher values in retirement accounts or facing a high tax penalty.
Making minimum withdrawals optional rather than mandatory for this year beginning immediately would help give older Americans some much needed financial flexibility as they struggle to manage their finances during this difficult economic time.
Excerpts from Novelli’s letter to Secretary Paulson follow:
“The sudden decline in the economy and plunging stock markets has jeopardized the retirement savings of millions of retired workers. In addition to steps that are already being taken to stabilize the financial markets, we believe it is also critical to help stabilize individual finances.
“Given the impending December mandatory retirement distribution deadline, we urge you to act quickly to exercise your authority and implement an immediate, temporary freeze on mandatory retirement account withdrawals. We also urge you to provide immediate relief for retirees who do not have the option to delay withdrawals and who find it necessary in these difficult economic times to withdraw funds from retirement accounts to meet daily living expenses.
“We believe that fairness dictates that we provide relief for these individuals who have no other recourse than to use their retirement savings to meet current living expenses.”
A complete copy of Bill Novelli’s letter to Treasury Secretary Paulson can be viewed at www.aarp.org/aarp/presscenter/pressrelease/articles/Novelli_Paulson_Letter.html.
My name is Clayton Walker and I am writing to you from Fayetteville, AR. In am in my mid-fifties, facing similar challenges and looking for the same economic answers you are in these uncertain times.
AARP is an organization providing a wide range of valuable resources and services, such as for its members. I am here today, to share with you, a different kind of financial strategy that could be a solution to your current economic challanges.
I am an Independent Business Affiliate (ID #13108764) and recruiter for a privately owned company, based in Phoenix, AZ, called Trivita.
Trivita was founded in 1999 and generates annual sales of about $100 Million. Trivita manufactures products and sells them directly to the consumer. Trivita produces an extensive, high-quality line of health and wellness products.
TriVita's nutritional supplements are always created by a team of experts who have a deep passion for wellness. From general nutrition-to condition specific-to weight loss, we have a wide range of top-quality products needed to help our customers achieve their wellness goals.
Trivita products are propietary, and far above the quality of anything you would find in retail stores. All TriVita products have physician approved formulas and are guaranteed to meet the highest manufacturing standards possible. We're proud of our products' high efficacy and their results, shared with us by countless satisfied customers. Trivita's great line of products has created a great business opportunity.
TriVita and its strategic partners have created a Cooperative Marketing business opportunity for people to earn part-time or full-time residual income, while steadily building a business asset and creating generational wealth. Perhaps it is something you might want to consider at this time in your life.
Our marketing and recruiting group is called Tomorrow's Home Business. One of our group's leaders, Dr. Raymond Jewell, Phd.Economics, conducts a business overview in a live webconference, every Thursday and Sunday at 6:00 PM PACIFIC TIME. That is 7:00 pm Mountain, 8:00 pm Central and 9:00 pm Eastern.
I invite you to come invest about an hour of your time with us in one of our web meetings. I believe you will have a good return on that investment as you will learn about a proven business model along with the marketing strategies we are employing with great success.
To join the meeting, go to highview.vereconference.org For the username, please use your name (First Last). The passoword is: success
There will be no hype or rah-rah selling. Just plain business talk and good business sense. This is not for everyone and if you don't see any value or benefit for you...then that will be fine. However, if you believe like we do, that this business CAN enhance your life and help you reach your goals, then I will be ready, willing and able to povide the assistance and expertise to get you started right away.
Perhaps it is TIME for you to rekindle your desires and regain your optimism...TIME gain control over your current financial situation...TIME to generate more streams of income...TIME to eliminate stress and worry by creating a solid business asset that will increase in market value! We will empower you to do all of this and more.
Please feel free to ask for a meeting with me or one of our Team leaders.
You can do this now, by simply and easily GOING TO THIS LINK: www.work-at-home-business-llc.com/clayton-walker-contact.html
Fill in your contact information, make a comment and then hit the "submit" button. Your info and comments will immediately be sent to my email inbox and either I, or someone on my Team will call you a.s.a.p!
Best wishes and thanks for your time and attention here today,
Clayton Walker
Trivita Independent Business Affiliate ID #13108764
Fayetteville, AR
Phone: 479-587-9499
Skype: clayton..walker
Mandatory IRA Withdrawals www.ownaworkathomebusiness.com/mandatory-ira-withdrawals.html
You can see a short video preview of Work at Home Business, LLC here: http://http://thbmovie1.tomorrowshomebusiness.com
My Trivita Informational and Enrollment Page: www.trivita.net/13108764
Here are some informational sites about our Tomorrow's Home Business group. Start your due dilligence and then contact me if you wish to go further.
Trivita Cooperative Marketing: www.ownaworkathomebusiness.com/trivita-cooperative-marketing.html
A Good Business Investment: www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
Quiet Business on Google: www.ownaworkathomebusiness.com/trivita-the-quiet-business-on-google-search.html
Its Good Business: www.ownaworkathomebusiness.com/trivita-its-good-business.html
Trivita B-12: www.ownaworkathomebusiness.com/trivita-b12.html
About Trivita: www.ownaworkathomebusiness.com/about-trivita.html
Passive Residual Income: www.ownaworkathomebusiness.com/passive-residual-income.html
AARP: Advocacy Activities: www.ownaworkathomebusiness.com/aarp-advocacy-activities.html
Veretekk: claytonwalker.veretekk.com
Join Trivita: trivita.net/13108764
Trivita Products: trivita.com/13108764
Trivita Business Opportunity: terrysfreereport.com/13108764
Cooperative Marketing: mycoopbiz.com/13108764
Weight loss: leanology.net/13108764
Improved athletic performance: optima4golf.com/13108764
AARP Urges Treasury to Issue an Immediate, Temporary Freeze on Mandatory Retirement Account Withdrawals
AARP CEO, Bill Novelli, sent a letter to Treasury Secretary Paulson urging him to take immediate action to temporarily freeze mandatory retirement account withdrawals.
Currently, Americans aged 70 ½ and over are required to take distributions from their retirement accounts based on the fair market value of their account on the last day of the previous year. Given the overall decline in the stock market, this could force older Americans to make a choice between taking a withdrawal that was calculated based on much higher values in retirement accounts or facing a high tax penalty.
Making minimum withdrawals optional rather than mandatory for this year beginning immediately would help give older Americans some much needed financial flexibility as they struggle to manage their finances during this difficult economic time.
Excerpts from Novelli’s letter to Secretary Paulson follow:
“The sudden decline in the economy and plunging stock markets has jeopardized the retirement savings of millions of retired workers. In addition to steps that are already being taken to stabilize the financial markets, we believe it is also critical to help stabilize individual finances.
“Given the impending December mandatory retirement distribution deadline, we urge you to act quickly to exercise your authority and implement an immediate, temporary freeze on mandatory retirement account withdrawals. We also urge you to provide immediate relief for retirees who do not have the option to delay withdrawals and who find it necessary in these difficult economic times to withdraw funds from retirement accounts to meet daily living expenses.
“We believe that fairness dictates that we provide relief for these individuals who have no other recourse than to use their retirement savings to meet current living expenses.”
A complete copy of Bill Novelli’s letter to Treasury Secretary Paulson can be viewed at www.aarp.org/aarp/presscenter/pressrelease/articles/Novelli_Paulson_Letter.html.
My name is Clayton Walker and I am writing to you from Fayetteville, AR. In am in my mid-fifties, facing similar challenges and looking for the same economic answers you are in these uncertain times.
AARP is an organization providing a wide range of valuable resources and services, such as for its members. I am here today, to share with you, a different kind of financial strategy that could be a solution to your current economic challanges.
I am an Independent Business Affiliate (ID #13108764) and recruiter for a privately owned company, based in Phoenix, AZ, called Trivita.
Trivita was founded in 1999 and generates annual sales of about $100 Million. Trivita manufactures products and sells them directly to the consumer. Trivita produces an extensive, high-quality line of health and wellness products.
TriVita's nutritional supplements are always created by a team of experts who have a deep passion for wellness. From general nutrition-to condition specific-to weight loss, we have a wide range of top-quality products needed to help our customers achieve their wellness goals.
Trivita products are propietary, and far above the quality of anything you would find in retail stores. All TriVita products have physician approved formulas and are guaranteed to meet the highest manufacturing standards possible. We're proud of our products' high efficacy and their results, shared with us by countless satisfied customers. Trivita's great line of products has created a great business opportunity.
TriVita and its strategic partners have created a Cooperative Marketing business opportunity for people to earn part-time or full-time residual income, while steadily building a business asset and creating generational wealth. Perhaps it is something you might want to consider at this time in your life.
Our marketing and recruiting group is called Tomorrow's Home Business. One of our group's leaders, Dr. Raymond Jewell, Phd.Economics, conducts a business overview in a live webconference, every Thursday and Sunday at 6:00 PM PACIFIC TIME. That is 7:00 pm Mountain, 8:00 pm Central and 9:00 pm Eastern.
I invite you to come invest about an hour of your time with us in one of our web meetings. I believe you will have a good return on that investment as you will learn about a proven business model along with the marketing strategies we are employing with great success.
To join the meeting, go to highview.vereconference.org For the username, please use your name (First Last). The passoword is: success
There will be no hype or rah-rah selling. Just plain business talk and good business sense. This is not for everyone and if you don't see any value or benefit for you...then that will be fine. However, if you believe like we do, that this business CAN enhance your life and help you reach your goals, then I will be ready, willing and able to povide the assistance and expertise to get you started right away.
Perhaps it is TIME for you to rekindle your desires and regain your optimism...TIME gain control over your current financial situation...TIME to generate more streams of income...TIME to eliminate stress and worry by creating a solid business asset that will increase in market value! We will empower you to do all of this and more.
Please feel free to ask for a meeting with me or one of our Team leaders.
You can do this now, by simply and easily GOING TO THIS LINK: www.work-at-home-business-llc.com/clayton-walker-contact.html
Fill in your contact information, make a comment and then hit the "submit" button. Your info and comments will immediately be sent to my email inbox and either I, or someone on my Team will call you a.s.a.p!
Best wishes and thanks for your time and attention here today,
Clayton Walker
Trivita Independent Business Affiliate ID #13108764
Fayetteville, AR
Phone: 479-587-9499
Skype: clayton..walker
Mandatory IRA Withdrawals www.ownaworkathomebusiness.com/mandatory-ira-withdrawals.html
You can see a short video preview of Work at Home Business, LLC here: http://http://thbmovie1.tomorrowshomebusiness.com
My Trivita Informational and Enrollment Page: www.trivita.net/13108764
Here are some informational sites about our Tomorrow's Home Business group. Start your due dilligence and then contact me if you wish to go further.
Trivita Cooperative Marketing: www.ownaworkathomebusiness.com/trivita-cooperative-marketing.html
A Good Business Investment: www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
Quiet Business on Google: www.ownaworkathomebusiness.com/trivita-the-quiet-business-on-google-search.html
Its Good Business: www.ownaworkathomebusiness.com/trivita-its-good-business.html
Trivita B-12: www.ownaworkathomebusiness.com/trivita-b12.html
About Trivita: www.ownaworkathomebusiness.com/about-trivita.html
Passive Residual Income: www.ownaworkathomebusiness.com/passive-residual-income.html
AARP: Advocacy Activities: www.ownaworkathomebusiness.com/aarp-advocacy-activities.html
Veretekk: claytonwalker.veretekk.com
Join Trivita: trivita.net/13108764
Trivita Products: trivita.com/13108764
Trivita Business Opportunity: terrysfreereport.com/13108764
Cooperative Marketing: mycoopbiz.com/13108764
Weight loss: leanology.net/13108764
Improved athletic performance: optima4golf.com/13108764