There's a lot of hoopla surrounding President Trump's new tax plan, which is reportedly considering capping pre-tax 401(k) contributions at $2,400 a year, a far cry from the current maximum contribution of $18,000 for 2017, and $18,500 for 2018.
But the reality is this: Two-thirds of Americans aren't even saving money in a 401(k), let alone maxing out their contributions each year.
Read more about the issue here, and please take our poll below.
Do you contribute to a 401(k)? https://t.co/bp7EnByw47— KTVU (@KTVU) October 26, 2017