How the Proposed $3.4 Million IRA Cap Really Works
Apr 29, 2013
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By Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC
A controversial new budget proposal seeks to limit how large retirement accounts can get before you're no longer allowed to contribute. Ironically, this may become an incentive to save even more, and faster! Here are the details as they stand now. What's your take on the issue?