401(k) investors could see the rules change for their retirement savings accounts when a Republican-led House committee rolls out its proposed tax overhaul plan.

The biggest potential change is slashing the maximum limit on pre-tax 401(k) contributions to $2,400 a year, down from the $18,000 IRS limit for Americans under 50 and $24,000 for Americans 50 or older in 2017. That would mean savers would be able to stash away fewer dollars in their accounts before income tax is calculated.

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632493)

2.) The proposal mentioned in this article would limit traditional 401(k) contributions to $2,400 and allow an additional amount up to the usual current limit as Roth 401(k) contributions. This would not have a large impact on most workers/retirees. It would, however, have a significant impact on the 401(k) investment advisor/recordkeeper/fiduciary industry that works on fees based on a percentage of invested assets. The total invested assets would be lower under a Roth savings plan than under a traditional plan, even if the retirees would ultimately receive the same amount after-tax. So such a change would significantly hurt the investment advisor/recordkeeper/fiduciary leeches, even if it did not significantly affect retirees. This misalignment of incentives also leads me to put more weight in my hypothesis that this is lobbyist flame.

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632524)

immigrants drive down wages and raise housing costs make no mistake

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632290)

Prop #4 on a Right to Economic Security

Should everyone in Texas have the right to economic security, where all workers have earned paid family and sick leave and a living wage that respects their hard work?

Prop #5 on a National Jobs Program

Should the Democratic Party promote a national jobs program, with high wage and labor standards, to replace crumbling infrastructure and rebuild hurricane damaged areas, paid for with local, state, and federal bonds financed through the Federal Reserve at low interest with long term maturities?

Prop #8 on a Right to Housing

Should everyone in Texas have the right to affordable and accessible housing and modern utilities including high speed internet, free from any form of discrimination?

#11 on Immigrant Rights

Should there be a just and fair comprehensive immigration reform solution that includes an earned path to citizenship for law-abiding immigrants and their children, keeps families together, protects DREAMers, and provides workforce solutions for businesses?

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632331)

nothing but the flipside of a mindless shitlib

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632349)

immigrants lower wages and raise housing costs for ALL Americans

even other immigrants!

(http://www.autoadmit.com/thread.php?thread_id=3922138&forum_id=2#35632365)