Headline Roundup • October 23rd, 2017
’No Change’ to 401(k) Plans
Summary from the AllSides News Team
Featured Coverage of this Story
Wall Street Journal (News)
President Donald Trump on Monday morning vowed a popular retirement savings program would remain untouched in the forthcoming Republican tax overhaul proposal.
Washington Post
President Trump vowed on Monday that his tax cut plan would not include any changes to tax-deferred retirement accounts such as 401(k)s, following reports last week that House Republicans were weighing a sharp reduction in the amount of income American workers could save through such programs.
Fox News Digital
President Trump on Monday adamantly denied reports that the Republican tax plan could drastically reduce the amount of pretax money Americans are allowed to contribute to their 401(k) plans, vowing “NO change” to the retirement account rules.
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