"...It’s clear why the description of this account, currently being promoted in flyers and books by an organization called Palm Beach Research Group, is catching interest. The group calls it a way to “retire with an extra $4,098 per month, tax-free.” It says that this is an account used by “Washington insiders” and billionaires, name-dropping Bill Gates and Warren Buffett. The message: Don’t you want to be in that crowd? As it turns out, you probably don’t..."
http://www.csmonitor.com/Business/Saving-Money/2015/0918/A-702-is-not-a-retirement-savings-plan
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