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re: Proposed 401k limit -- $2400 per year

Posted on 10/21/17 at 2:45 pm to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7542 posts
Posted on 10/21/17 at 2:45 pm to
quote:

That’s $225k AGI. So you’re nearing $275-290k+ depending on your pretax and deductions.

$225k after deductions isn't a ton to live off of when you have serious student debt. Heaven forbid you have children or live in an high cost of living city.

Top rate should start around 300k AGI. In my opinion.
Posted by lynxcat
Member since Jan 2008
24189 posts
Posted on 10/21/17 at 3:53 pm to
Do you realize the entitlement in your post? You honestly believe “$225k isn’t a ton to live off”?
This post was edited on 10/21/17 at 3:54 pm
Posted by NYNolaguy1
Member since May 2011
20923 posts
Posted on 10/21/17 at 7:15 pm to
Or heaven forbid they do a cost of living adjustment to your tax rate.

Why isnt this done now?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/21/17 at 8:06 pm to
Dude that's pretty damn well off in La.
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