Obama Unveils Plan to Cap IRA Accounts

[Irving]

When the govern,ent picks on more than 3% of the population at a time.

[stevelkinevil]

This sounds new till you phrase it in layman's terms "Obama announces plans to steal what you have earned" then it just sounds like all the other plans.

[USAFGopherMike]

Or you could change that to "Liberal agenda monkeys hate your freedom to do anything".

[JoeT]

so lets say I'm a guy making $250K a year and I've amassed the maximum president zero allows me of $3,000,000

say I decide to retire at 62....doing the rough interest and accounting for "normal" inflation. I BETTER DIE at 76 because I'll have no money left if I continue to live as I am.

but I guess with Obamacare, they'll put me to sleep before 76 anyways

[Jeffrey Lebowski]

“Under current rules, some wealthy individuals are able to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving,” the statement said.

As defined by whom?

Anyone else tired of the use of this word "reasonable?"
Unbelievably subjective. Current use almost always means "We plan to restrict way back from what the US has allowed for the whole of its history."

[Cthulhu]

As defined by whom?

Don't be fatuous Jeffery. As defined by "Dear Leader" and the others who know what's best for us of course.

[mountainjenny]

As defined by whom?

I think there is a czar for that.

[TS12000]

You didn't save that!

[buckshotbarlow]

Forgot to add: Who is John Galt?

see my signature...they're (govie's) need to be removed by any means possible..