No. of Recommendations: 0
W401K writes,

These amendments do nothing to encourage lower paid workers to participate, just make it easier for the Highly paids to put more into the plan.

I agree. This has about the same chance of passing as the dividend tax cut.

I saw a news story today that said that only 4% of workers are currently fully-funding their IRAs and 401ks. Raising the limits only helps this select group.

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