According to recent reports, the proposed budget by the Obama administration contains plans to limit the size of your IRAs. Apparently, President Obama believes he knows better than you do how much money is a “reasonable” amount to fund your retirement.
Meanwhile, this administration continues to spend money far beyond what most Americans consider to be reasonable on a daily basis. Read about Vice President Biden’s recent trip to France in my full article here!
You may be wondering, “Why would the government want to limit how much I can put in my IRA?” The answer is simple….tax revenue. Read More