SumDay
Thinks s/he gets paid by the post
- Joined
- Aug 9, 2012
- Messages
- 1,862
http://www.ebri.org/pdf/PR-1017.Advise.10Apr13.RetCap.pdfWASHINGTON—This week President Obama is expected to unveil his 2014 budget proposal–401(k) plans. How many individuals might be affected by that cap?
and published reports indicate it will include a cap on retirement savings.
In statements released ahead of its official publication, the White House has noted that the
budget will include a new proposal that prohibits individuals from accumulating over $3 million
in Individual Retirement Accounts (IRAs) and other tax-preferred retirement accounts, such as
If this is being discussed here, I apologize, but I don't see it anywhere. I'm sure our ever-vigilant moderators will move it where it needs to be (political, maybe?). Seems like this would be something members of this forum would be interested in, although it doesn't impact me (yet).
Last edited by a moderator: