Obama to propose limits on IRAs for the rich

... -- which it argues is more than enough to retire comfortably. A $3 million balance in a tax-preferred account like an IRA would currently allow a saver to finance an annuity of $205,000 per year in retirement. Removing the tax advantages for funds ...

http://www.wgal.com/news/money/Obama-to-propose-limits-on-IRAs-for-the-rich/-/9360224/19688880/-/100a6g2z/-/index.html