IRI President and CEO Cathy Weatherford applauded the Obama administration Tuesday for making retirement reform a priority and suggested many of the issues enjoy a rare distinction on Capitol Hill — bipartisan support.

That said, the lobbying organization will no doubt take part in the counterassault to President Obama's proposal to cap contributions to retirement accounts once individuals reach a balance of $3.4 million.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.