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re: 401K under Biden
Posted on 11/25/20 at 6:48 pm to JohnnyKilroy
Posted on 11/25/20 at 6:48 pm to JohnnyKilroy
What a cop out post. You specifically said if it’s a 26% credit, then the vast majority will be better off and you’d have to make ~325k to be negatively impacted. That statement simply isn’t true.
Edited to add your quote.
quote:
it's been floated that the credit will be 26% for every dollar put in. If that's the case, the VAST VAST majority of 401k contributors will be better off under that plan vs today's deduction. A family would have to make over 326k per year to be worse off under that type of plan.
Edited to add your quote.
This post was edited on 11/25/20 at 6:50 pm
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