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To: Pokemaster3
I'm very worried about what he may do with 401k plans. Like court-packing, he won't give many details, and financial analysts are left speculating about his "plan."

I hear things like "credits" for low-wage or no-wage employees or individuals, and a "reduction" in credits for employers to match over a certain income level. This could remove the benefit for employers to match 401k contributions, and remove any incentive for savers in 401ks.

6 posted on 10/20/2020 6:11:10 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: Lou L

“What he may do with 4012 plans”.....Biden has stated many times he will END THEM.

I suspect he will SEIZE them.


10 posted on 10/20/2020 1:08:24 PM PDT by ridesthemiles
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