Congress won’t permit lower cap on 401(k) contributions, top lawmaker says
Congress is not likely to permit the IRS to lower employee 401(k) contribution limits, even if inflation continues to decline, said a leading House Democrat.
Congress is not likely to permit the IRS to lower employee 401(k) contribution limits, even if inflation continues to decline, said a leading House Democrat.
“There is as close to zero chance as I could tell you that that's going to happen, said Rep. Andrews, D-N.J., chairman of the House Educati
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