1.
Study: More than half of pets overweight
LA CROSSE, Wis., Oct. 10 (UPI) -- John McCain Friday proposed suspending the requirement that investors must start selling off IRAs and 401(k)s soon after age 70 during a speech in Wisconsin.
"My friends, we have to protect investors, especially those relying on their investments for retirement," the Republican presidential nominee said during a campaign event in La Crosse, Wis.
Current rules require that investors begin dissolving their IRAs and 401(k)s when they reach age 70 1/2.
"To spare investors being forced to sell their stocks at just a time when the market is hurting the most, those rules should be suspended," he said.
His proposal Friday was the second economic plan the Arizona Republican outlined this week. During Tuesday's debate with Democratic challenger Barack Obama, McCain said he were elected president, he would direct the treasury secretary to buy bad mortgages and renegotiate them at new-home values that would be more affordable.
|
|
|
|
|
|
| Additional Top News Stories | |
TEHRAN, Feb. 13 (UPI) --
The bomb attacks on Israeli embassy staff in India and Georgia were the work of Israel itself, an Iranian Foreign Ministry spokesman said.
|
PHILADELPHIA, Feb. 14 (UPI) --
An expert on the Middle Ages said the idea behind current entertainment such as ABC-TV's "The Bachelorette," originated hundreds of years ago.
|
BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
|
Women, Liberal Democrats favor Valentine's … $55,000 cupcake comes with diamond ring … 400-year-old witchcraft trial reopened … Survey: Many Swedes believe in ghosts … Watercooler stories from UPI.
|
| Stories | Photos | People | Comments |
View Caption
