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Friday, April 12, 2013

Obama budget would cap combined retirement plan balances at $3 million

... accounts, 401(k) and defined benefit plans - to about $3 million. The limit would not apply to Obama's own pension, which is worth at least $5 million, because it is not in a tax-advantaged account, according to Brian Graff, executive director of ...

http://blog.sfgate.com/pender/2013/04/12/obama-budget-would-cap-combined-retirement-plan-balances-at-3-million/

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