This is a lead ballon. No way this passes.
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Cap middle class retirement savings looking ahead at a future where people live longer. Not cap billionaire stock piles of cash?
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how is that a good idea?!?!?!!
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@BenSasse@SenatorFischer@DonJBacon Please tell me you don't support penalizing those saving for their retirement.Thanks. Twitter will use this to make your timeline better. UndoUndo
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What would happen if a large portion of the middle class simply checked out and stopped playing by the rules...the American Dream is dead...
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The fact that this is even being floated as an idea is amazing
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Any idea what repercussions would be placed on an employer match??
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So they are not allowing savings? Problem for the entire economy long term # duh
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Horrible idea.
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Calling
@R_Thaler! Can you pls explain to Washington why this is a really bad idea?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Savings cap would be terrible. Not a fan.
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Another Assault on income of the Middle-class and the poor. Save less before tax. Spend more after tax, and Retire BROKE. What comfort.
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These are called Defined Contributions Plan. I have been setting them up for Small businesses, for the past 30-years
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If there is 1 person in the entire country that fully understand these QUALIFIED PLANS its me, and if there are 2 persons, I am one of them.
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As as A SENIOR FINANCIAL PLANNER at a Wall Street firm for many years. I was SINGULARLY responsible for the Development of those Plans.
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