No. of Recommendations: 2

Anyone have thoughts about the upcoming possible retirement savings overhaul called Lifetime Savings Accounts (LSA's) and Retirement Savings Accounts (RSA's)?

From my point of view...what's not to like?

-No income limits

-Higher yearly contribution levels

-Tax-free earnings

-No mandatory distributions

-Even retirees on pensions with no "earned income" can participate (at least that's the way I read it)

It's about time! I just hope that it gets through congress.

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