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re: 401K under Biden
Posted on 11/24/20 at 8:35 pm to frogtown
Posted on 11/24/20 at 8:35 pm to frogtown
quote:
Biden wants to get rid of the 401k tax deduction which you can max out at around 20K. He wants to replace it with a credit. There have been articles written about this by Forbes etc, It was also on Biden's website.
This is what I had read but did not want to explain in poorly. I doubt anything actually happens but I was curious what the best response would be if it did. Thanks everyone.
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