McCain on IRAs and 401ks

From NBC/NJ's Adam Aigner-Treworgy LA CROSSE, Wis. -- Briefly mentioned in McCain's stump speech at a rally here this morning was a new call on investors to hold onto to IRAs and 401ks. "My friends, we have to protect investors, especially those relying on their investments for retirement," McCain said five minutes into his remarks. "Current rules mandate that investors must beginning to sell off their IRAs and 401ks when they reach age 70 and a half. To spare investors from being forced to sell their stocks at just the time when the market is hurting the most, those rules should be suspended." And that was all he said on the matter. As we saw with the way McCain rolled out his new mortgage plan at last week's debate, it's not uncommon for his campaign to rollout new policy with little flourish. This paragraph seems central to McCain's message today, and after the rally a campaign spokesman released a fact sheet with further information. ...( read more ) (link)