I am in the ExxonMobil IRA and there are two definite advantages not mentioned in this article. One, ExxonMobil does a bang-up job of communicating, sending quarterly and annual reports and shareholder publications, and obviously appreciates their participants. Two, there is no recurring brokerage commission for additional or periodic stock purchases beyond the dividend reinvestments. My only quibble is an annual $45 administration fee, which is a small percentage of a five-digit portfolio.
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I don't see anything about bicycles in your article. They have been used for a century in much of the world. I predict a significant return to them in the United States out of economic necesssity.
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