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Report: Obama to propose new IRA plans

 In his State of the Union address tonight, President Obama will propose to change that, according to the Associated Press.
Citing two anonymous sources who “have discussed the proposal with the administration,” the AP’s Jim Kuhnhenn reports today that Obama will seek to launch a plan that would allow workers whose employers don’t offer retirement plans to invest money for retirement, tax deferred, in Treasury bonds; the employees could eventually convert those savings to traditional IRAs.

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