Wharton – How a Lower 401(k) Cap Could Cause More Harm Than Good
Knowledge@Wharton – “The Republican tax overhaul is a plan in search of revenue – and one solution that appears to be under consideration for covering the proposed cuts is lowering the cap on pre-tax contributions to 401(k) retirement savings plans. More than 62 million Americans have put money into 401(k) retirement plans, according to The …