THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Life insurers fighting major Bush initiative

By Michael Kranish
Globe Staff / January 20, 2005

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President Bush viewed it as one of his most elegant ideas: Allow anyone to put $5,000 per year into a "Lifetime Savings Account," pay no taxes on the earnings, and withdraw the money at any time, for any reason. The architect of the plan, an assistant secretary of the Treasury named Pamela Olson, said last year: "We'd like ... (Full article: 1182 words)

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