Is YMax magicJack a Scam?

In a recent issue of the Retirement Millionaire, a retirement newsletter I’ve been checking out, they mentioned some frugal VOIP option I hadn’t heard of before. MagicJack is a USB based device that lets you make phone calls using your PC’s internet connection for $19.95 a year, or $1.66 a month. I currently use Skype as my VOIP service, in part because of weekly hour-long chats for the Personal Finance Hour, but that costs twice as much for unlimited US calling – $2.95 a month ($35.40, plus international fees because Skype is based outside the US).

I’m always looking for a good deal so I thought I’d take a closer look.

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