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Topic	Republicans Consider Sharp Cut in 401(k) Contribution Limits to offset tax cost
PutUpYourDukes 10/21/17 11:09:15 AM #48:	littlebro07 posted... PutUpYourDukes posted... i always told people not to put money in a 401k or w/e since eventually the gov would come for it no one listened tho They aren't taking anything, just possibly making it so you can't put as much in. If you've been heavily contributing for like 20+ years this won't have a HUGE impact on you, but for people just starting to save for retirement it's awful. people who started five to ten years ago basically are gonna get shafted by the opportunity cost once their new returns are super limited <cite>PutUpYourDukes posted [p:888850376] in Republican... [t:75903302]...</cite> <quote><cite>littlebro07 posted...</cite> <quote><cite>PutUpYourDukes posted...</cite> <quote>i always told people not to put money in a 401k or w/e since eventually the gov would come for it no one listened tho</quote> They aren't taking anything, just possibly making it so you can't put as much in. If you've been heavily contributing for like 20+ years this won't have a HUGE impact on you, but for people just starting to save for retirement it's awful.</quote> people who started five to ten years ago basically are gonna get shafted by the opportunity cost once their new returns are super limited</quote> ... Copied to Clipboard!
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