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Archive | April 11, 2013

Obama’s latest proposal’s effect on retirement planning

In the recent budget proposed by President Obama, individual retirement accounts (IRA) are to be capped at $3million.  This may seem like a small issue, however there are some very negative consequences for small business owners like retirement advisors and life insurance agents.   When retirement benefits are capped, corporate executives receive more non qualified  Click to Continue


The New York Times on Measuring Inflation for Social Security

President Obama’s proposal to change the inflation measure used to adjust tax brackets and Social Security benefits is, on the face of it, not an unreasonable tool to coax Republicans to sign on to some grand bargain to tackle the budget deficit.   But a more careful look at the details suggests that the president’s  Click to Continue