Relevant and even prescient commentary on news, politics and the economy.

…exceeding $3 million in such accounts is not very difficult for an individual

Greg Mankiw suggests a part of the new budget proposed by President Obama affects 401k and IRA accounts. Some comment in general retirement accounts from AB starts here. Apparently, President Obama’s budget is going to include some kind of penalty for people who have accumulated more than $3 million in retirement accounts.  The details are not […]