Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (212823)	12/7/2004 7:31:33 AM
From: Amy J	Read Replies (1) of 1572923

RE: "Why is it capped at $1,000 savings per year?...That's a pittance." I agree. If the savings cap is $1k, then this isn't worth it at all. If the savings cap is $3.6k, then it is worth it. People in their 20s and 30s can grow this 3X (when corrected for inflation), so 3.6*3 = 11k, so that's a fair deal. But agree, the 1k is not. It's pittance. RE: That would be inviting disaster Okay. RE: "What if there is an emergency " Make it exactly like the rules for the IRA, but even more conservative. They've already done the thinking on this. RE: " you have to figure out how to pay for it." Graham's proposal pays for it, which is why it's better than Bush's. Regards, Amy J

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