And investment freedom has not-so-obvious implications for safety. Open Opportunity IRAs make up less than 1% of the IRA universe. So if and when a team of Congressional staffers or a group of Treasury Department bureaucrats get busy drafting up new rules aimed at skimming a few hundred billion dollars from IRAs, Open Opportunity IRAs probably won’t be part of their thinking. The new rules, whatever they might be, could turn out to be ineffectual when applied to Open Opportunity IRAs.
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