Estimated reading time: 0 minutes, 21 seconds


Some financial advisors, including Hugh Anderson of advisory firm HighTower in Las Vegas, are opposed to President Obama’s proposal to limit IRAs and 401(k) accounts to $3 million.

So reports Financial Advisor Magazine. Anderson and other advisors say the proposal will result in individuals savings less for retirement and could open the door for the federal government to tax smaller size accounts.

Read the full article from Financial Advisor Magazine here.

Enhanced by Zemanta
Last modified on Sunday, 19 May 2013
Read 5249 times
Rate this item
(0 votes)
Tagged under

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline