Archive | May, 2015

Making Sense of Obama’s Proposed Budget (Part 4)

11 May

Earlier this year, President Obama unveiled 2016 budget proposals that are befuddling financial advisors, much less average people. While unlikely to be made law, I’ll attempt to make sense of them in this blog mini-series. Automatic Retirement Saving This proposal is another attempt to increase Americans’ dismal savings. Specifically, the president wants to require firms [...]

Making Sense of Obama’s Proposed Budget (Part 3)

4 May

Earlier this year, President Obama unveiled 2016 budget proposals that are befuddling financial advisors, much less average people. While unlikely to be made law, I’ll attempt to make sense of them in this blog mini-series. Removing Early Withdrawal Penalties for the Unemployed President Obama would eliminate the 10% early distribution penalty on a portion of [...]