[net.taxes] 401K vs. IRA?

ajs@hpfcla.UUCP (01/12/86)

What's the latest word on 401K accounts vs.  IRAs?  Last I heard, some
recent tax bill was going to set a combined maximum for both types of
retirement funds.  Did it pass?  If so, when is it effective?

And the real question:  Does this mean I can't set aside enough now
to retire to Antarctica instead of Florida?  :-)

Please post your responses.  Thanks in advance.

Alan Silverstein, Hewlett-Packard Fort Collins Systems Division, Colorado
{ihnp4 | hplabs}!hpfcla!ajs, 303-226-3800 x3053, N 40 31'31" W 105 00'43"