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Is a $3 million retirement account limit on the horizon?

The short answer to that question is yes. On April 10th, President Obama released his Fiscal Year Budget proposals for 2014. One of the many tax changes proposed the in the budget focuses on limiting the size of individual retirement accounts, specifically targeting accounts with high balances.   What type of individual retirement accounts are…
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Fiscal Cliff Averted? It All Depends.

Search the term “fiscal cliff averted” and you’ll get about 57 million hits in a quarter of a second.  Is that proof enough that we did, in fact, avoid a cataclysmic spill over a scary economic precipice?  As a nation, perhaps so.  But if you now find yourself approaching the highest income tax bracket, you…
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