How proposed caps could impact IRA and 401(k) accounts
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.
Hopkins, Jamie Patrick, "How proposed caps could impact IRA and 401(k) accounts" (2016). Faculty Publications. 695.