2004-2009 USAccount. All rights reserved. Site Designed by Laura Rubenfeld
A Universal Savings Account ( a "USA") - Your Road to Wealth
Every American has the chance to create wealth and retire comfortably. It won't cost them a dime to create a million-dollar nest egg at retirement and monthly checks in the tens of thousands. When Congress passes Rise Up America (RUA) legislation payroll taxes which are presently sent to the government will be redirected to the taxpayer's own personal investment account - called a "USA" ( Universal Savings Account) - and immediately invested at the taxpayer's instructions into approved indexed stock funds to grow over their working life into their personally-owned multi-million dollar nest egg. Just the income off the nest egg will afford each taxpayer a huge monthly check to enjoy an affluent retirement, the best medical care on the planet and a sizeable nest egg to pass on to the family. See the computations below.
Rise Up America (RUA) - the Overall Plan to Save the Government from Bankruptcy
The"USA" is only a part of the plan to rescue the American government from bankruptcy. The entire plan is called Rise Up America ("RUA") and can be accessed here. The real purpose of RUA is to increase retirement benefits 20-fold over those presently paid by Social Security, generate the largest reduction in taxes ever proposed, immediately extinguish the $110 trillion of unfunded entitlement debt ( Social Security, Medicare, Disability, Medicaid) and make good on the promise of patriotic Americans to not only honor the "small central government" principle our Founders bequeath us but live up to it. To review some of the other benefits of RUA see here.
Social Security goes Bankrupt in 2010. USA Assures that You Won't
According to the Congressional Budget Office the Social Security Administration won't have enough cash coming in to pay all Social Security benefits in September 2010. Therefore it is imperative that the people get behind the movement to force Congress to save these benefits. Join with us. Both RUA and USA are being promoted by the Ownership Society Institute. Please join with us spiritually, financially and logistically to force this change through Congress and the many cities, counties and states that are also going bankrupt that would be relieved of costly pension and old-age medical costs.
The Nest Eggs You Can Accumulate and the Monthly Check You Can Get
Click the annual amount of a worker earning $20,000, $40,000 or $60,000 to get his nest egg. Check out the nest egg and monthly checks for various levels of income see here.
A Universal Savings Account Guarantees Current Social Security Payouts
RUA legislation will include provisions for the present entitlement benefits to be the floor on benefits to be paid to all past and future participants as well as all those covered by existing programs that will never become workers subject to payroll taxes such as invalids incapable of working. These payments will be guaranteed by the government and subject to increases from time to time.
What the "USA" and the Rise Up Theory of Economics Will Deliver
- Cut the national budget in half (smaller government)
- Deliver the largest tax cut in history (lower taxes)
- Immediately extinguish the $110 trillion in unfunded entitlement debt
- Eliminate the perception of income disparity - deliver the American Dream - financial independence
- Avoid cutting benefits for retirees or raising taxes on workers
- Increase the Dow past the 14,000 level almost immediately restoring confidence in our free market system
- Eliminate the need to get venture funding from China and Sovereign Wealth Funds
- Create wealth without the entire population having to get a college degree
- Make America run on all eight cylinders instead of running on the ¼ of 1 cylinder it runs on in good times
Eliminate the need socialist beliefs by restoring the "common good" to capitalists.
- Free the economy of the obstacles a big government imposes on the freedom to prosper.
- Economically emancipating women
USAccount