There are some things to dislike about some of the retirement-related provisions in President Obama's recently unveiled spending blueprint, but there also are a few items that we can all support.
As I've said before, the president's proposed cap on retirement accounts should be junked.
The idea, which I strongly doubt will get far in Congress, is to allow us to save up to $3.4 million in whatever tax-favored retirement accounts we might have. Any amount beyond that wouldn't get the tax break.
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