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URL:  http://boards.fool.com/the-stated-purpose-of-the-ira-and-401k-is-to-30627481.aspx

Subject:  Re: Strategy comparison S&P500 vs. IUL [rev 1] Date:  4/8/2013  5:37 PM
Author:  CCinOC Number:  71837 of 76088

The stated purpose of the IRA and 401(k) is to provide middle and lower class earners a chance to save for retirement. The way it works is the government provides a tax break (this is, a subsidy) to encourage these groups to save.

Heaven help you if you prove to be exceptionally adroit on the accumulation side inside your IRA. Apparently that is verboten.
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