Save Up Act HR 5731 interview with Ross Powell


Recap of the interview:

a. Mandatory 50 cent contribution by employer = 6.2% for minimum wage earners
b. Auto enroll for 3% elective contribution increasing to 5% – Voluntold
c. No Rollovers out of it
d. Will be used to replace SSA
e. If you don’t enroll no deduction for wages
f. Call your congressman to oppose it
g. All investments are in treasuries – debt buying by citizens since foreigners are selling debt