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URL:  http://boards.fool.com/sykesix-quotour-current-example-would-never-30627589.aspx

Subject:  Re: Strategy comparison S&P500 vs. IUL [rev 1] Date:  4/8/2013  6:56 PM
Author:  JAFO31 Number:  71845 of 76418

sykesix: "Our current example would never work for an IRA. There is a $5500 per year contribution limit. So there is no way you make an initial deposit of $10,000 and then contribute $12,000. Which brings me to the next point. For most of the history of the IRA, the contribution limit has been under $2000/year. There's virtually no way an average investor gets to $3,000,000 without either being extraordinarily lucky or more much likely 2) gaming the system."

Or 3) rolling over a large 401k plan to an IRA, no gaming the system involved.

Regards, JAFO
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