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The article discusses the management of a U.S. individual retirement account (IRA) as of June 2012, focusing on investments in stocks, bonds, and mutual funds, as well as the risks associated with creative IRA investment ventures. The legal principle of self-dealing is examined as it relates to IRA investments. An IRA owner is reportedly barred from co-mingling IRA and non-retirement funds, as well as from making an investment or a loan which would benefit the IRA owner. The tax benefits of a Roth IRA are also examined.

The article reports on the support given by the American Association of Retired Persons (AARP) and ERISA Industry Committee (ERIC) to Congressional resolutions that would stop state and city-mandated workplace retirement savings programs without a private sector plan. The resolutions which are sponsored by Republican Representatives Tim Walberg of Michigan and Francis Rooney of Florida will invalidate these programs. A survey by the National Institute For Retirement Security is cited.