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Think Tank Wants to Cut Tax-Deferred Plan Contributions
Pensions & Investments
Nov. 29, 2010 Excerpt: Under the proposal -- included in the [Bipartisan Policy Center's] 'Restoring America's Future' report -- the total combined tax-deferred contributions that employees and employers could make would be limited to 20% of an employee's annual earnings, or $20,000, whichever is smaller. The current combined employer/employee cap is $49,000 a year. MORE >> |
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