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Friday, April 12, 2013

Obama's Budget Seeks to Cap Retirement Savings

... their accounts, USA Today reported. Obama's plan would cap the combined total in tax-advantaged retirement accounts - IRA, 401(k), 403(b) - to the amount that would be able to fund an annuity of $205,000 annually. At current interest rates, that ...

http://www.newsmax.com/Newsfront/obama-budget-retirement-savings/2013/04/12/id/499187

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