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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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    The Wall Street Journal‏Verified account @WSJ 22 Oct 2017

    Talk of limiting the amount of retirement money that people can save before taxes is worrying the financial industryhttp://on.wsj.com/2xfr6J6 

    5:20 PM - 22 Oct 2017
    • 103 Retweets
    • 115 Likes
    • Think Hub Center Norma Sosa Vda. De P NavigateMarketStorm Cheli Smith ConsortiumConsultanc Ivy Mike Kempee De Leon Melonie Ferry Becky Marcy
    37 replies 103 retweets 115 likes
      1. Rod Garbo‏ @rodgarbo 22 Oct 2017
        Replying to @WSJ

        Reducing pre-tax savings to 13% of current levels will cripple desire to save and is a recipe for retirement poverty-welfare state

        0 replies 1 retweet 4 likes
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      1. LP‏ @ZooMaster76 22 Oct 2017
        Replying to @WSJ

        It should worry future retirees as well.

        0 replies 0 retweets 5 likes
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      1. J-San  👨‍🏫‏ @lawdood 22 Oct 2017
        Replying to @WSJ

        The financial industry? How about average Americans with 401k's.

        0 replies 0 retweets 6 likes
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      1. Ray Miller‏ @Ray_Miller_007 22 Oct 2017
        Replying to @WSJ

        The govt changes 401k rules so Americans sv less. Americans turn to social services to help close t gap. GOP wants to cut social srvs. WTF!

        0 replies 1 retweet 1 like
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      1. KC‏ @squirrelinNH 22 Oct 2017
        Replying to @WSJ

        the bankers need the peasants to put every dime they have in the system now so they can be looted to cover exploding derivatives--tell truth

        0 replies 1 retweet 1 like
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      2. Tom Hoey‏ @Thoe85Tom 22 Oct 2017
        Replying to @WSJ

        So they will be making more of people's income taxable. How does that benefit the middle class? #MAGA my ass.

        2 replies 0 retweets 5 likes
      3. 1 more reply
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      2. Meg‏ @MegfromCT 22 Oct 2017
        Replying to @WSJ

        There really sort of are already.....can only put into SEP or 401K up to a specific amount per year......,you can also have a Roth IRA, but there are limits to how much you can put away tax deferred

        2 replies 0 retweets 0 likes
      3. Tom Hoey‏ @Thoe85Tom 22 Oct 2017
        Replying to @MegfromCT @WSJ

        I believe that it's currently $18.000 and they want to reduce it to $2.500. That's huge. And it exposes more of people's income to taxes.

        0 replies 0 retweets 3 likes
      4. End of conversation
      1. pronounced: DNA‏ @akaLIVEWIRE 22 Oct 2017
        Replying to @WSJ @oufenix

        Don’t worry congress will listen 2 Wall St, ignore their constituents who want the same thing, but definitely listen to Wall St. #moneytalks

        0 replies 0 retweets 1 like
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      1. Bella‏ @Bella05746310 22 Oct 2017
        Replying to @WSJ

        What about Medicare? Do you think we can afford this cut for the very rich.Trump supporters are idiots. They can’t see all he does is lies.

        0 replies 0 retweets 1 like
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      1. GoGa  🌊‏ @PGogica 22 Oct 2017
        Replying to @WSJ @oufenix

        I am worried, this makes no sense.

        0 replies 0 retweets 1 like
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      1. #flyfisher44+1‏ @manniteo44 22 Oct 2017
        Replying to @WSJ

        Nice! @GOP @SpeakerRyan @SenateMajLdr @realDonaldTrump . America is watching 👀 all of you. 😎

        0 replies 0 retweets 1 like
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      1. Arthur W Walsh‏ @desprdo39 22 Oct 2017
        Replying to @WSJ

        That's the GOP for you screwing people trying to save to give away money to the rich.

        0 replies 0 retweets 1 like
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      1. Stable Genius‏ @shatash96 22 Oct 2017
        Replying to @WSJ

        Duh. Lot less money invested in long term funds. Huge impact to the market tat the moron 45 keeps bragging. He's just too dumb for words

        0 replies 0 retweets 1 like
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      1. KC‏ @squirrelinNH 22 Oct 2017
        Replying to @WSJ

        ah but, sorry, i forget, you aren't allowed to tell the truth to the peasantry any more...its all about protecting your banker overlords....

        0 replies 0 retweets 1 like
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      1. KC‏ @squirrelinNH 22 Oct 2017
        Replying to @WSJ

        yeah, let's feign surprise at this one...what will they have on hand to "evaporate" when the mega crash comes? eh?

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Robert Cole‏ @rhcolejr 23 Oct 2017
        Replying to @WSJ @Kaulean

        Cap on the amount Americans can contribute to retirement accounts is a TAX INCREASE ON WORKING AMERICANS.

        1 reply 1 retweet 0 likes
      3. 1 more reply

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