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New Retirement Account Proposals

It is always important to have current information about governmental proposals regarding our financial needs. This year's Congressional Session is looking at a new proposal to simplify tax-preferred savings accounts for retirement and education. This modified plan includes three main savings vehicles: Lifetime Savings Accounts; Retirement Savings Accounts, and Employer Retirement Savings Accounts. These changes could have a large effect on an individual's ability to save for retirement.


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