a:3:{s:16:"field_story_body";a:1:{i:0;a:2:{s:5:"value";s:1266:"<span style="font-size: larger;">From a White House statement released in advance to Politico.com, Pesident Obama's 2014 budget will target personal retirement accounts.</span><br />
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<span style="font-size: larger;">It will include a new proposal that prohibits individuals from accumulating over $3 million in IRAs and other tax-preferred retirement accounts.&nbsp; Under current rules, some wealthy individuals are able to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving. The budget would limit an individual&rsquo;s total balance across tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per year in retirement, or about $3 million in 2013. This proposal would raise $9 billion over 10 years.</span><br />
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<span style="font-size: larger;">To read the rest of the article click on the following link:</span><br />
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<a href="http://finance.townhall.com/columnists/bobbeauprez/2013/04/10/obamas-budget-targets-ira-savings-n1562985/page/full/"><span style="font-size: medium;">http://finance.townhall.com/columnists/bobbeauprez/2013/04/10/obamas-budget-targets-ira-savings-n1562985/page/full/</span></a><br />";s:6:"format";s:1:"2";}}s:17:"field_story_image";a:1:{i:0;a:10:{s:3:"fid";s:4:"3149";s:4:"list";s:1:"1";s:4:"data";a:3:{s:11:"description";s:0:"";s:3:"alt";s:0:"";s:5:"title";s:0:"";}s:3:"uid";s:1:"1";s:8:"filename";s:11:"ira401k.jpg";s:8:"filepath";s:38:"sites/default/files/images/ira401k.jpg";s:8:"filemime";s:10:"image/jpeg";s:8:"filesize";s:5:"54467";s:6:"status";s:1:"1";s:9:"timestamp";s:10:"1366127469";}}s:12:"field_weight";a:1:{i:0;a:1:{s:5:"value";s:2:"19";}}}