Obama budget proposes the Automatic IRA
Posted on 26 February 2009
Permanent URL of this article: http://retirementrevised.com/money/obama-budget-proposes-the-automatic-ira
Mark Miller
President Obama’s 2010 budget calls for creation of the Automatic IRA provision that I’ve written about here previously.
More details to come shortly; in the meantime here’s the breaking story at Google News.
February 26th, 2009 at 8:40 pm
We continue on that philosophy that people can not be responsible for their own actions. We must legislate and entice them to save for their future. How sad!
March 3rd, 2009 at 1:34 pm
Now, you can hardly expect people to be responsible. We need larger federal state and local government and more laws for it to enforce. I can’t wait to see transparency.gov. Obama’s cabinet seem to be tailoring a solution a la “The Emperor’s New Clothes.”(They clothes were transparent and cost a bundle.)
Thank you Hans Christian Andersen for your insight!