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re: Many posters here are saying they'll come after our 401K
Posted on 1/20/21 at 9:34 pm to thelawnwranglers
Posted on 1/20/21 at 9:34 pm to thelawnwranglers
quote:
Which just makes it an individual brokerage account
Exactly. And they gonna tax those Roths too...
2
Posted on 1/20/21 at 9:38 pm to Dawgfanman
quote:
Exactly. And they gonna tax those Roths too...
Yep it basically kills retirement savings
I mean sure you will still tried to save but it will just be savings
Ultimately the tax penalty keeps a lot of people out of their 401k. Hard to argue it won't destroy saving levels further
Posted on 1/20/21 at 9:42 pm to Dawgfanman
quote:
Exactly. And they gonna tax those Roths too...
No. The precedent is pretty clear when we're talking about the same legislative body assessing...
This post was edited on 1/20/21 at 9:45 pm
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