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  • Los Angeles Times

    Trump vows 'no change' to 401(k) rules in Republican tax bill

    by Jim Puzzanghera and Lisa Mascaro, Los Angeles Times Oct 24, 2017 3 minutes

    WASHINGTON - President Donald Trump on Monday vowed there would be "no change" to rules for 401(k) plans, seeking to douse speculation that the Republican tax overhaul bill being drafted by Congress would include new limits on retirement savings.

    "This has always been a great and popular middle class tax break that works, and it stays!" Trump said on Twitter.

    The outlines of the tax overhaul released by the White House and Republican leaders last month

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