Invest Intelligence When It Realy Matters
More of Less From Obama
In tradition with the previous empty bag delivered by President Bush, President Obama has continued to offer Americans more of less when it comes to ways to ensure a viable retirement. In reality, Obama's announced changes do nothing more than ensure Washington gets financing for its reckless spending habits, while lining the pockets of the largely useless mutual fund industry.
You might recall that President Bush increased the limits for retirement savings plans after the dotcom collapse vaporized the retirement accounts of many Americans.