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Author: hockeypop Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Congress looking at cutting 401k tax deducti Date: 9/17/2011 6:29 AM
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If lawmakers instead opted to approve an 18 percent match, it would leave low-bracket workers unharmed, but would raise $450 billion in tax revenues over 10 years.

It would most likely change behavior. First, perhaps among early retirement folks who are really putting funds away at record rates, presumably from good salaries.

For me I really didn't get into my higher rates for tax-deferred WITH the capability of significant retirement savings until AFTER kids. Now I put the max into both after-tax and taxed accounts. I'd say getting less of a benefit now, with the prospect of higher tax rates when I withdraw it will change behavior.

Hockeypop
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