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Friday, April 12, 2013

Obama mandates savings accounts in budget proposal, sets $3 million limit

... fewer than 1 out of 10 workers who are eligible to make tax-favored contributions to an Individual Retirement Account ( IRA ) actually do so, while nearly 9 out of 10 workers automatically enrolled in a 401(k) plan continue to make contributions. ...

http://www.examiner.com/article/obama-mandates-savings-accounts-budget-proposal-sets-3-million-limit?cid=rss

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