Obama budget would pinch IRAs of wealthy with $3m cap

... retirement accounts drew attention last year when Republican presidential nominee Mitt Romney disclosed that his IRA had a maximum value exceeding $100 million. It's not just private equity executives who would face higher taxes under Obama's ...

http://www.bostonglobe.com/business/2013/04/09/romney-ira-obama-target-for-revenue-with-million-cap/lc3n7TbSiBwzYlLZWBLrZP/story.html