The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: 401K Success Tax Date:  2/21/1998  11:55 AM
Author:  TMFPixy Number:  1891 of 99859

Subject: Re: 401K Success Tax
Author: TiggerToo Date: 2/20/98 9:38:43 PM (ET)


<<You may want to take a look at the changes to the law for 1998. I think the limits have been eleminated, and I would not be supprised to find the inheritance tax eleminated in full some time in the not too distant future. Just pray that the Republicans keep hold of congress.>>

While the "success" tax has gone by the boards, don't hold your breath on the estate tax. The exclusion limits are increasing on the latter so they move from $600K to $1M by 2006, but that's no big deal. Most of the increase occurs after 2003, and the amount still won't be adjusted for inflation. And there's no huge swell in Congress to amend this exclusion further, either.


Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us