Tornado Alley (PROG)

[PegnVA]

Here's how Team Trump plans to "help" the suckers who voted for him...

HOW THE GOP TAX BILL COULD SQUEEZE YOUR 401(k)

Proposals to cap the amount that Americans can contribute before taxes to 401(k) plans and individual retirement accounts are unsettling professionals in the retirement industry.

Congressional Republicans are looking for ways to generate revenue to support broad reductions in individual tax rates. One idea is to limit the amount of pretax money households can sock away for retirement saving. Such a move would likely generate significant political blowback, but it hasn’t been explicitly ruled out, stirring worry among industry.
-WALL STREET JOURNAL, October 20, 2017

https://www.wsj.com/articles/talk-of-retirement-savings-cap-rattles-financial-industry-1508497200