Quote:
Originally Posted by lewdog
I think it simply redistributes where my money goes and does little for the middle class as far as savings goes.
However, the current max for a Roth IRA is $5,500.
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You'd get the same tax break as your ROTH IRA. The government limits your pre-tax contributions to
0 for your IRA. The question is should the gov limit your pre-tax contributions to a (traditional) 401k. This would force you to contribute to your ROTH 401k. You'd pay (more) taxes now instead of later. Its not a lowering of the total 401k max contribution. Just when you pay