How The Gop Tax Bill Could Squeeze Your 401(k)

Proposals floating around Washington to cap the amount that Americans can contribute before taxes to 401(k) plans and individual retirement accounts are unsettling professionals in the retirement industry.

Topics:  washington   americans   tax   retirement   
BING NEWS:
  • House Backs GOP Tax-Overhaul Bill
    The bill would repeal the alternative minimum tax, increase the child tax credit ... meet Mr. Trump’s aims and squeeze the plan inside its $1.5 trillion budget target. After heavy lobbying from retailers, they abandoned a plan to tax imports and exempt ...
    11/16/2017 - 3:03 pm | View Link
  • The GOP tax plan makes families pay more so global corporations pay less
    Faced with a choice of paring back the benefits to powerful companies, or finding ways to squeeze more money out of the individual code, it’s easy to see where Republicans might land. There is a third way: Writing the bill so that enough of the tax cuts ...
    11/15/2017 - 9:25 am | View Link
  • Revised Senate GOP tax reform bill ends many tax cuts after 2025
    Now let’s go through some of the changes in the bill: 1. The individual tax cuts are not permanent. In an effort to squeeze more tax relief into the 10 year GOP plan, Republicans decided to ‘sunset’ most of the individual tax cuts after the end of ...
    11/14/2017 - 7:16 pm | View Link
  • Energy 202: House GOP wants to water down tax breaks for wind energy. The Senate is unlikely to let it.
    The House tax bill would make it more difficult for firms looking to build ... European nations are too, which is putting a squeeze on turbine manufacturers globally. Earlier this month, the Danish firm Vestas, the largest wind turbine maker, said its ...
    11/14/2017 - 1:02 am | View Link
  • Major differences in House, Senate tax proposals
    Both House and Senate have adopted accounting gimmicks to squeeze tax cuts that appear larger ... rate of 39.6 percent under current law. The House bill goes further toward simplifying the tax system. It shrinks the number of brackets from seven to four ...
    11/10/2017 - 5:39 pm | View Link
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BING SEARCH:
  • Questions over federal funding driving Blue Cross request ...
    Questions over federal funding driving Blue Cross request for ACA premium increase. Posted May 25
    11/17/2017 - 9:18 am | View Website
  • Obamacare repeal bill plunges into new uncertainty
    Senate Republicans have no timetable for a vote with John McCain recovering from surgery. But they might not be able to pass a bill even if he was in Washington.
    11/16/2017 - 5:48 pm | View Website
  • Wealthy, not middle class, would be big winners in GOP tax ...
    Wealthy, not middle class, would be big winners in GOP tax plan, study says. About 30 percent of those earning between $50,000 and $150,000 would pay more under the ...
    11/16/2017 - 1:30 pm | View Website
  • Texarkana Gazette | Texarkana Breaking News
    The Texarkana Gazette is the premier source for local news and sports in Texarkana and the surrounding Arklatex areas.
    11/16/2017 - 8:37 am | View Website
  • OnPolitics | USA TODAY's politics blog
    USA Today politics blog ... Most Popular. CIA’s longtime counterspy chief hid JFK information Woman says Roy Moore attacked her in a car when she ...
    11/16/2017 - 3:29 am | View Website
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