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Wall Street Furious Over Proposal to Slash 401(k) Limits
New York Post
Oct. 23, 2017 "Wall Street pushed back hard on Friday against a report that congressional Republicans are weighing a plan to severely limit the amount of money Americans can contribute to their 401(k)s. The Capitol Hill lawmakers, searching for ways to pay for President Trump's broad proposed tax cuts, are eyeing a $2,400 cap on pre-tax contributions to 401(k) plans ... Currently, the pre-tax limit for such contributions is $18,000 a year." MORE >> |
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