Does anyone know what is included

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crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Does anyone know what is included

Post by crondanet5 »

in Brady's proposed tax overhaul of retirement plans?

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Billionair
Posts: 271
Joined: Wed May 02, 2018 11:27 am

Re: Does anyone know what is included

Post by Billionair »

I am here to spread the wealth,

I looked up the Congressional Bill for you here: https://www.congress.gov/bill/115th-con ... %5D%7D&r=1

Here is the text of the bill, just Control + F 401K.

https://www.congress.gov/bill/115th-con ... %5D%7D&r=1
-What we do in Life, echoes in Retirement-

crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Re: Does anyone know what is included

Post by crondanet5 »

Sec. 143 (b) (I) should read $750,000 instead of $750,00.

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Billionair
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Joined: Wed May 02, 2018 11:27 am

Re: Does anyone know what is included

Post by Billionair »

crondanet5 wrote:Sec. 143 (b) (I) should read $750,000 instead of $750,00.
Some poor Staff Assistant was probably up till 4AM writing that, and being paid a whopping 28,000$ a year after taxes.
-What we do in Life, echoes in Retirement-

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ArrieS
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Re: Does anyone know what is included

Post by ArrieS »

I don't find anything in there when I search by 401k or retirement.
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February. - Pudd'nhead Wilson's Calendar

crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Re: Does anyone know what is included

Post by crondanet5 »

I didn't either. But I saw a later news feed that had a proposal to eliminate the MDR for 401k accounts with less than $50,000 in them.

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