Faculty Publications

Title

How proposed caps could impact IRA and 401(k) accounts

Authors

InvestmentNews

Document Type

Article

Publication Date

10-14-2016

Abstract

For the past few years President Barack Obama's fiscal year budgets have included a variety of proposed changes to the retirement system in the United States. Both the 2016 and 2017 proposed fiscal budgets included a $3.4 million cap on retirement savings for an individual.