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View Diary: Looks Like Durbin Backing Chained CPI (187 comments)

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  •  Ok but you may not like some of them, I don't. (10+ / 0-)

    How Obama’s Budget Impacts Retirement Savers - Planning to Retire (usnews.com)

    Automatic IRAs. The budget would automatically enroll employees without a retirement plan at work in IRAs.
    http://money.usnews.com/...

    Obama Budget Caps Tax-Advantaged Retirement Savings in IRAs at $3 Million | TIME.com
    http://business.time.com/...

    The link below is from a winger prospective but even broken clocks are right twice a day.
    Review & Outlook: Now He's After Your 401(k) - WSJ.com
    http://online.wsj.com/...

    •  Thanks - there was a reason why I put my money (3+ / 0-)
      Recommended by:
      Involuntary Exile, sidnora, JesseCW

      into Roth IRA's... If they resend that advantage....  I have a TIAA/CREF from the last place I worked.  It can't be rolled over to anything else at all and nothing can be added (other than the 'natural' growth of the acct) since I no longer work at that place.  So, that's going to grow on with what's currently in it.  My new place of employment allows for Roth 401k's, or 'traditional' 401k's.  I'm 47, so there's 19-20 years before I can start to draw on them.  The accounts have a current paper value of 187k - seriously doubt that I'll ever hit that 3 million mark.  However, the idea of taxing the Roth IRA upon distribution is disturbing.....

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