ManUtd1999
Full Member
- Joined
- Sep 22, 2013
- Messages
- 3,466
Given what I do for living, I thought that a thread about Economics/U.S./World economies is called for. We can bring here links to interesting economics-related news.
Let me start with this:
There’s talk of capping 401(k) contributions at $2,400 per year
"Lobbyists and others in the retirement and financial services industries who have spoken to congressional staff and committee members say lawmakers are looking at proposals that would allow 401(k) participants to contribute significantly less than what is currently allowed in a traditional tax-deferred 401(k). An often mentioned amount is $2,400 a year. It isn’t clear whether that would only apply to 401(k)s or IRAs or both."
https://www.marketwatch.com/story/t...01k-contributions-at-2400-per-year-2017-10-20
Let me start with this:
There’s talk of capping 401(k) contributions at $2,400 per year
"Lobbyists and others in the retirement and financial services industries who have spoken to congressional staff and committee members say lawmakers are looking at proposals that would allow 401(k) participants to contribute significantly less than what is currently allowed in a traditional tax-deferred 401(k). An often mentioned amount is $2,400 a year. It isn’t clear whether that would only apply to 401(k)s or IRAs or both."
https://www.marketwatch.com/story/t...01k-contributions-at-2400-per-year-2017-10-20