In the coming year, Congress may continue to focus their efforts on tax reform. The last time Congress passed tax reform in 1986 they cut the 401(k) contribution limit by 70%. And guess what? Proposals are already being considered by Congress today to cut the 401(k) contribution limit again. If that happens, the retirement security for millions of Americans will be jeopardized.
I encourage you to visit the website below and send an automated message to your members of Congress. This is easy to do and takes only minutes to help protect the 401(k) as we know it today. Here’s where to go to email your members of Congress: www.savemy401k.com
Thank you for your participation. Your action is critical for the continued success of the 401(k) plan for over 60 million Americans who save for retirement through work.