Saturday, June 23, 2018

Please Note Again:

I Do NOT "recommend" establishing TDA Accounts UNLESS you actually are a Federal United States Citizen (federal civil or military employee) or dependent (receiving free gratis welfare that you did not in fact pay for from the Federales).

TDA's are not any kind of Magic Bullet. They have, apparently, been utilized in some cases (so far) to ameliorate debts owed by federal citizens. If you are not a federal citizen--- employee or actual dependent -- stay out of their system.

The difference is the difference between the relief you get in bankruptcy from debts you ran up irresponsibly, and the relief you get in probate when your property and assets are returned to you free and clear following a hearing to determine your status.

If you actually want to buy Federal bonds, such as Savings Bonds, Treasury Bonds, etc., and have logical need for such an account on a continuing basis, that is what those accounts were primarily designed for.

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