Originally posted by tomhole
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Completed first backdoor Roth
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Originally posted by GrimJack View PostDo you have a link that supports this? That seems pretty off-the-wall, more of an example of ODS than something reality based.http://www.forbes.com/sites/ashleaebeling/2015/02/02/obama-budget-would-prohibit-backdoor-roth-iras/Closing the door on backdoor Roths for the rich is one of 10 loophole closers in the Administration’s FY2016 budget.
President Obama's budget request for FY2016 includes a long series of tax proposals, summarized in the so-called “Treasury Greenbook”.
While supporters of President Obama’s 2016 Fiscal Budget say the budget will make it easier to save for retirement, the proposal is giving mixed messages when it comes to retirement planning. The author highlights eight budget provisions that would have a negative impact on many retirement accounts.
There are 22,000 more, but I ran out of interest in posting them. Not sure what level of internet proof you were looking for.
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