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Trump Shoots Down 401(k) Changes To Pay For GOP Tax Cuts

WASHINGTON (AP) — President Donald Trump shot down a possible approach for raising revenue to finance tax cuts in politically must-do legislation for the Republicans, promising Monday the popular 401(k) retirement program will be untouched. 761 more words

News

Trump Promises Tax Overhaul Will Not Include Cuts To 401(k) Plans

The Republican tax outline currently calls for large scale cuts to some taxes but has not yet provided much in the way of detail about how some of the government would offset some of those revenue losses. 480 more words

Government Policy

401(k) and Retirement Plan Limits for the Tax Year 2018

On October 19, 2017, the Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for the tax year of 2018. 66 more words

Income Strategies

Trump Promises ‘No Change to Your 401(k)’ as House Considers a Contribution Cap

It is not clear whether Republicans will put a cap on tax-deferred contributions in its final version of the tax bill, but caps as low as $2,400 a year are being considered. 76 more words

NYT

Why Invest in Physical Gold and Silver in a Self Directed IRA?

Investment in physical gold and silver has always been a hot and questionable topic of conversation in lots of trading and financial investment circles. You will always discover advocates and challengers of buying physical precious metals, this I can ensure. 459 more words

Diary

Why Invest in Physical Gold and Silver in a Self Directed Individual Retirement Account?

Financial investment in physical gold and silver has always been a hot and controversial subject of discussion in numerous trading and financial investment circles. You will constantly find proponents and challengers of buying physical rare-earth elements, this I can ensure. 472 more words

Will Republican Tax Cuts Mean Lower Limit On 401(k) Contributions?

Some people with 401(k) retirement plans will put as much money into it as they can, but there are whispers that the tax cuts being drafted by Republicans in Congress could reduce the maximum amount of money you contribute to your retirement savings each year. 802 more words

Government Policy