FIREd_2015
Recycles dryer sheets
I hope this doesn't make through Congress:
House Republicans are considering a plan to sharply reduce the amount of income American workers can save in tax-deferred retirement accounts as part of a broad effort to rewrite the tax code...The proposals under discussion would potentially cap the annual amount workers can set aside to as low as $2,400 for 401(k) accounts...Workers may currently put up to $18,000 a year in 401(k) accounts without paying taxes upfront on that money; that figure rises to $24,000 for workers over 50...
https://www.nytimes.com/2017/10/20/...column-region®ion=top-news&WT.nav=top-news
House Republicans are considering a plan to sharply reduce the amount of income American workers can save in tax-deferred retirement accounts as part of a broad effort to rewrite the tax code...The proposals under discussion would potentially cap the annual amount workers can set aside to as low as $2,400 for 401(k) accounts...Workers may currently put up to $18,000 a year in 401(k) accounts without paying taxes upfront on that money; that figure rises to $24,000 for workers over 50...
https://www.nytimes.com/2017/10/20/...column-region®ion=top-news&WT.nav=top-news