I read the Wall Street Journal article on the 7th.  It seems a bit scattered.  On the one hand it calls for repealing the maximum age for a Traditional IRA contribution and pushing out the age at which RMDs must start, but on the other it wants to cap Roth balances, prohibit conversions, and add an RMD requirement.  I’m not sure where the funding for the proposed increase in the savers tax credit and matching contributions would come from (more taxes I’m sure).  I don’t think much of what is proposed has a real chance of becoming law other than an eventual closing of the backdoor Roth loophole.

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