Courtesy of Natalie Choate, here are some of the President's proposals that may impact IRA and retirement accounts after 2015: The Obama administration's 2015 budget proposals include some suggested changes to the IRA rules. The proposal would eliminate the "stretch" payout to non-spouse beneficiaries, which imposes a 5-year post-death payout rule for retirement accounts. It would also cap retirement plan contributions for those who have already accumulated approximately $3.5 million in all of their retirement accounts combined. And, it would impose lifetime required minimum distributions on Roth IRAs, which have been exempt from that requirement and which makes the Roth more attractive than a traditional IRA. Last, it would limit the benefit of the tax deduction for a plan contribution to 28% of the amount of the contribution, even if the participant's income tax bracket is actually 39.6%. More about the proposals is included in the Treasury Department's Green Book - "General Explanations of the Administration's Fiscal Year 2015 Revenue Proposals", www.treasury.gov/resource-center/tax-policy/Documents/General-Explanations-FY2015.pdf