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In reply to the discussion: There's talk of capping 401(k) contributions at $2,400 per year [View all]fescuerescue
(4,448 posts)29. Fine by me. It's just a way for the 1%'ers to lower the tax burden anyway
For most people $2400 a year is about average.
We need more tax revenue. Not less and cutting the amount the wealthy can hide is good.
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A proposal that is magnificent in its stupidity. Americans need MORE, not less, encouragement and
spooky3
Oct 2017
#1
401 K's are all that is left...since pensions have been pretty much destroyed....another gift from
Demsrule86
Oct 2017
#81
Perhaps, but plenty of middle class people can afford to save more than $2400
TexasBushwhacker
Oct 2017
#36
I believe government policy across the board should encourage smaller families going forward.
roamer65
Oct 2017
#31
There should be no decrease in either 401k or IRA. Instead the IRA limit should be increased to...
Rollo
Oct 2017
#32
No, the GOP is not trying to increase the IRA limit to same as the 401K limit!!!!!!!!!!!!!!!!!!!!!!!
Rollo
Oct 2017
#68