Tag Archives: 401(k)

President Obama's War On Saving

President Obama's War On Saving

“I do think at some point you’ve made enough money,” President Obama said in 2010. Here’s that attitude about wealth at play, with President Obama’s budget calling for a cap on savings in IRS and 401k plans: Obama’s budget seeks to prohibit investors from accumulating over $3 million in tax-preferred retirement accounts. “Individual retirement accounts

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