Huh? Companies can't match IRA's, traditional or Roth. I guess they could reimburse an employee for their own personal IRA contributions, but the company wont get the tax write off. I am referring to which is more beneficial long term. Deferred taxes on an IRA with no employeer matching vs paying taxes up front on a Roth.
Looks like you're wrong, friend. Republicans in Congress appear to be willing to ignore the Syphilitic Emperor's tweets and are on the record about how they still are coming for your 401k. https://www.washingtonpost.com/news...-to-change-401k-rules/?utm_term=.a80cae59fe84 It's interesting how Congressional republicans are willing to defy the President in terms of coming for your 401k.... ...but are most definitely not with regard to betraying his country to Russian despots, excusing Nazi sympathizers, destroying all of our institutions with massive corruption and is at best a racist, decrepit foul soul whose general indecency and potential for evil are only overmatched by his own bumbling incompetence and deteriorating mental state. I guess coming for your 401k is that important
The GOP again proving that they are indeed the party of the the people. Fighting for the common worker by rolling back 401k tax incentives in order to simplify the tax code and improve our paychecks. “How?”, you ask... Well that’s a secret. Just know that it will all trickle down in the end.
Technically, trickle down economics does work. Put more money into the pockets of the wealthy and they piss all over everyone else.
And guess who is leading this attack on 401k? Our very own congressman... Kevin Brady (The Woodlands, R): Trump, GOP appear open to 401(k) changes in tax bill http://thehill.com/policy/finance/357201-trump-gop-appear-open-to-401k-changes-in-tax-bill
... and yes, republicans and Trump coming after your 401k to pay for tax cuts for the very rich... House tax plan would lower caps on 401(k)s, cut state and local deductions http://abcnews.go.com/Politics/house-tax-plan-lowers-caps-401k-cuts-state/story?id=50861872
The cuts tentatively are as follows: $12k-$45k - 12% $45k-$200k - 25% $200k - $500k - 35% >$500k - 39.6% Seems fair to me. Double standard deduction, no 401k cuts.
