Precisely. It happened to me. I withdrew a sizable inheritance IRA. My financial planner was supremely pissed and tried every tactic to dissuade me. I held firm. That only was 20% of what I had in my IRA. I knew that I needed to pay off debts now, to be free from interest rates and cut ties from those who enslave us with debt. Funds were transferred to the bank-clearly from an IRA. It used to be you could remove $9,999 in one day, now only $4,000-$5000 max. without higher up banking approval and transfer of funds from main branch with a4-5 days waiting period. I immediately removed $4,000 in cash, did electronic check pay offs of all debts and removed the remainder 4 days later. I was asked numerous times, in numerous ways why I was removing it, or what “remodeling projects” was doing. I let them know exactly what I thought of that, and what I knew they were doing and to whom it was reported. Not being able to withdraw your funds acquired from a legitimate source is BS. I trust no one anymore, banks, hospitals, government, doctors, etc. I worked two jobs almost my entire life from age 21. I am not going to be dictated to by banks or government. I don’t let money stay in my bank account. It is subject to being frozen or confiscated. All bills are paid the day money is deposited.
That's been a thing for a very long time, mainstay of the IRS. You plead your case in their courts with their judges appointed by them. This however jumped awareness way beyond "tax incidents" -
Confiscation occurs especially when the origin is indeterminate. That is most likely why drug dealers don’t use banks, unless the biggest drug dealer, our own government puts it there with a complicit bank.
Precisely. It happened to me. I withdrew a sizable inheritance IRA. My financial planner was supremely pissed and tried every tactic to dissuade me. I held firm. That only was 20% of what I had in my IRA. I knew that I needed to pay off debts now, to be free from interest rates and cut ties from those who enslave us with debt. Funds were transferred to the bank-clearly from an IRA. It used to be you could remove $9,999 in one day, now only $4,000-$5000 max. without higher up banking approval and transfer of funds from main branch with a4-5 days waiting period. I immediately removed $4,000 in cash, did electronic check pay offs of all debts and removed the remainder 4 days later. I was asked numerous times, in numerous ways why I was removing it, or what “remodeling projects” was doing. I let them know exactly what I thought of that, and what I knew they were doing and to whom it was reported. Not being able to withdraw your funds acquired from a legitimate source is BS. I trust no one anymore, banks, hospitals, government, doctors, etc. I worked two jobs almost my entire life from age 21. I am not going to be dictated to by banks or government. I don’t let money stay in my bank account. It is subject to being frozen or confiscated. All bills are paid the day money is deposited.
That's been a thing for a very long time, mainstay of the IRS. You plead your case in their courts with their judges appointed by them. This however jumped awareness way beyond "tax incidents" -
https://www.businessinsider.com/trudeau-canada-freeze-bank-accounts-freedom-convoy-truckers-2022-2?op=1
Confiscation occurs especially when the origin is indeterminate. That is most likely why drug dealers don’t use banks, unless the biggest drug dealer, our own government puts it there with a complicit bank.