The HSA issue is upsetting. The government is changing the rules and I may not want the $10k I invested in there anymore. When a cell phone company changes the contract, they are required to let you break the contract without an Early Termination Fee. If the government changes the contract on HSAs and removes OTC purchases as qualifying items, can I remove my $10k tax and penalty free?
When GM went bankrupt, the president forced bondholders to accept shares of stock and did not give them first right on liquidation. Why couldn't they ask for their money back that they invested in the bond - based on the laws the government had on the books at the time (namely that bondholders get first dibs)?
I am really confused why private companies have to play by the rules and offer ETF-free contract cancellations? Why shouldn't they just be able to do what they want to?
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
